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calculate the simple intrest on a loan of $18,500 at 11% intrest for 18 months

is it 36,630.00
16 years ago

Answers

drwls
No, not even close

That would be about twice the original principal, in only 1.5 years!

Calculate 0.11 x 18,500 x 1.5 for the correct answer.
16 years ago
Reiny
wow, maybe they worked at Fannie May at one time.
16 years ago
alantis
what is the GCF of 60 and 84?
16 years ago

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