Ask a New Question
Search
Find the amount of interest if you are paying 4.5% interest on a $25,000 loan for 5 years.
1 answer
I = PRT
I = 25,000 * 0.045 * 5
Ask a New Question
or
answer this question
.
Similar Questions
Darius has a 6
-month loan for $500 . He must pay 5.6% annual interest on the loan. Using the formula for simple interest, I=Prt
1 answer
interest is a basic percentage charged on the principal or the initial amount of the loan.
interest is interest that is paid on
1 answer
Interest is a basic percentage charged on the principal or the initial amount of the loan. Interest is interest that is paid on
1 answer
4.___ interest is a basic percentage charged on the principal or the initial amount of the loan. ___ interest is interest that
1 answer
more similar questions