Duplicate Question
The question on this page has been marked as a duplicate question.
Original Question
A customer requests a loan advance of $300 with an annual interest rate of 22%. What is the dollar amount of the interest for t...Asked by Anonymous
A customer requests a loan advance of $300 with an annual interest rate of 22%. What is the dollar amount of the interest for the entire year?
Answers
Answered by
Dr. Jane
I = Principle x rate x time
I = 300 x .22 x 1
I = 300 x .22 x 1
There are no AI answers yet. The ability to request AI answers is coming soon!