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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.
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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.

User Srikanth Yaradla
by
5.7k points

1 Answer

6 votes

Answer:

1,170

Explanation:

Interest formula

Interest=Principle times rate times time

and if we multiply we get 1,170

User Cornelb
by
6.1k points
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