Asked by Rita

Compute the simple interest. Assume 1 month to be of a year. Round your answer to the nearest cent.

Principal Rate Time Interest
$1,025 4.5% 16 months

Answers

Answered by Ms. Sue
Do you mean that 12 months to be a year?
Answered by Rita
yes
There are no AI answers yet. The ability to request AI answers is coming soon!

Related Questions