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*ANSWER THESE PROBLE Show your work to earn credit for your solution. 1. When Carlos bought a new office phone, he borrowed $1,000 at a rate of 7% for 8 months. How much interest did he pay? Show your
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*ANSWER THESE PROBLE

Show your work to earn credit for your solution.
1. When Carlos bought a new office phone, he borrowed $1,000 at a rate of 7% for 8 months.
How much interest did he pay?
Show your work here:
1 = Prt
Please help

User Foole
by
6.2k points

1 Answer

4 votes

Explanation:

The interest will be $560

User Craphunter
by
6.8k points
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