What is$1200,3.9%,8 months

Qammunity

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Feb 11, 2019 18.7k views

1 vote

What is$1200,3.9%,8 months

Mathematics
middle-school

Nand asked

by Nand

8.2k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

2 votes

Sounds as tho' you want the simple interest.

That would be i = p r t. Here, t = 8/12 year = 2/3 year.

so i = simple interest = $1200*0.039)(2/3) = $31.20

Ryan McCarron answered Feb 16, 2019

by Ryan McCarron

7.9k points

0 Comments

Please log in or register to add a comment.

← Prev Question Next Question →

Related questions

asked May 3, 2023 159k views

A law firm is going to designate associatesand partners to a big new case. The dailyrate charged to the client for each associateis $600 and the daily rate for each partner is$1200. The law firm assigned

Nicholas Zographos asked May 3, 2023

by Nicholas Zographos

7.8k points

Mathematics
college

1 answer

0 votes

159k views

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Related questions

Other Questions