Margo borrows $1800, agreeing to pay it back with 5% annual interest after 13 months. How much interest will she pay? Round your answer to the nearext cent, if necessary.

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Apr 2, 2022 139k views

18 votes

Margo borrows $1800, agreeing to pay it back with 5% annual interest after 13 months. How much interest

will she pay?
Round your answer to the nearext cent, if necessary.

Mathematics
college

Srikanth Yaradla asked

by Srikanth Yaradla

3.3k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

6 votes

Answer:

1,170

Explanation:

Interest formula

Interest=Principle times rate times time

and if we multiply we get 1,170

Cornelb answered Apr 8, 2022

by Cornelb

3.7k points

0 Comments

Please log in or register to add a comment.

Ask a Question

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

3.7m questions

4.8m 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.

Other Questions