Register
Rita borrows $500 at an annual rate of 8.25% simple interest to enrol in a driver's education course. She plans to repay the loan in 18 months.
33.1k views
2 votes
Rita borrows $500 at an annual rate of 8.25% simple interest to enrol in a driver's education course. She plans to repay the loan in 18 months.

User Narwanimonish
by
8.7k points

1 Answer

2 votes
$500X(1.0825+0.04125)=$561.875
User Kaushal Kumar Singh
by
9.2k points
← Prev Question Next Question →

Related questions

User PVermeer
asked Jul 25, 2024 1.4k views
Write a friendly letter and ask your cousin to enrol for these music lesson ​
PVermeer asked Jul 25, 2024
by PVermeer
7.9k points
1 answer
4 votes
1.4k 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

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!