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

is it 36,630.00

3 answers

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.
wow, maybe they worked at Fannie May at one time.
what is the GCF of 60 and 84?