Register
Margo borrows $1100, agreeing to pay it back with 3% annual interest after 11 months. How much interest will she pay? Round your answer to the nearest cent, if necessary.
55.9k views
1 vote
Margo borrows $1100, agreeing to pay it back with 3% annual interest after 11 months. How much interest

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

User Teo Mrn
by
6.9k points

1 Answer

1 vote

Answer:

$30.25

Explanation:

1100 (.03)
((11)/(12))

User Tamberg
by
7.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.8m questions

11.4m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
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!