cruzmarleen05
cruzmarleen05 cruzmarleen05
  • 04-04-2021
  • Mathematics
contestada


You have a loan for $200,000 at 8.5% annual simple interest. What is your monthly interest payment?

a.1,239
b.1,311
c.1,417
d.1,508

Respuesta :

dayyncredible dayyncredible
  • 04-04-2021

Answer:

c. 1,417

Step-by-step explanation:

200,000 (8.5%) = 17,000

17,000 / 12 = 1,416.67 or 1,417

Answer Link
kaitlynkquinn01 kaitlynkquinn01
  • 12-01-2022

Answer:

$1,417

Step-by-step explanation:

Answer Link

Otras preguntas

We desire to measure the current through and the voltage across a resistor connected in a circuit. how should an ammeter and a voltmeter be connected to the res
The image is not set to scale btw but need the answer
I need help on this question
PLEASE HELP QUICKLY!!Which of these tables represents a non-linear function?
How did Mesopotamian geography affect the peoples view of the gods
how do motivations of african independence movements compare with those of the arab-israel conflict
In _, Solon was chosen as an Athenian statesman with reformation powers.
The distance between a 10 cm tall candle and the reflecting surface of a concave mirror is 40 cm. the radius of curvature of the mirror is 25 cm. now, a. what i
The world record for the hundred meter dash is 9.77 s. what is the corresponding average speed in units of m/s, km/h, ft/s, and mi/h?
This might be easy for you guys but I don’t understand