Asked by April

On May 23, Samantha Best borrowed $40,000 from the Tri City Credit Union at 13% for 160 days. The credit union uses the exact interest method. What was the amount of interest on the loan?

Answers

Answered by Ms. Sue
I = PRT

I = 40,000 * 0.13 * 0.4384

I = ?



Answered by April
2279.68
Answered by Ms. Sue
Right.

Answered by April
thanks
Answered by Ms. Sue
You're welcome.

There are no AI answers yet. The ability to request AI answers is coming soon!

Related Questions