Register

Find the ordinary interest on $ 1,800 for two months at a rate of 12%

Find the ordinary interest on $ 1,800 for two months at a rate of 12%
32.1k views
3 votes
Find the ordinary interest on $ 1,800 for two months at a rate of 12%

User Kalen
by
7.4k points

1 Answer

5 votes
Divide 12% by 12 months to get 1% per month. Multiply by 2 months to get 2%. Multiply 1800 by 0.02
User Felixlaumon
by
9.2k points
← Prev Question Next Question →

No related questions found

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

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!