Math Question: rita has a loan of 45,580. this loan has a simple interest rate of 4% per year. What is the amount of interest that rita will be charged on this loan at the end of one year
Asked By Cheyenne On 04/18/2020 00:11
Math Answers
You would just need to multiply your initial value times your percent as a decimal.
(45580)(.04)=1823.2
So the answer is $1,823.20
Answered On 04/18/2020 14:01
Answered On 04/18/2020 14:01
Login here to answer this question
Click a subject below to view more math questions:
Math 1st grade 2nd grade 3rd grade 4th grade 5th grade 6th grade 7th grade 8th grade high school pre-algebra algebra 1 algebra 2 geometry trigonometry pre-calculus calculus 1 calculus 2 college
Math 1st grade 2nd grade 3rd grade 4th grade 5th grade 6th grade 7th grade 8th grade high school pre-algebra algebra 1 algebra 2 geometry trigonometry pre-calculus calculus 1 calculus 2 college