Asked by Anonymous

Montel loaned $6800 to a friend for 13 months at an annual rate of 7.7% simple interest. How much interest did the borrower owe?
Answered by dddd47906
$5236 interest(not total)
Answered by Anonymous
how you getting 5236 ?
Answered by Anonymous
I = Prt

I = 6800(7.7)(1.8)

I = 9424.8 ... I think
Answered by Anonymous
I=prt

6800(0.077)13/12)=565.49 ??
Answered by Anonymous
565.49 is right.
Answered by dddd47906
sorry i am second grade
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