Asked by Eve


Norma borrowed $1,800 at 11% interest for 90 days. How much interest
did she pay on the loan?
a. $49.50
b. $198
c. $2
d. $18.45

Answers

Answered by Ms. Sue
I = PRT

I = 1,800 * 0.11 * 0.25

Answered by Anonymous
49.50
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