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jtfortwengler jtfortwengler
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A year ago
Convert the annual rate to a monthly rate. Then compute the simple interest on a monthly basis. Round answers to the nearest cent.

 Principal, Annual Rate, and Time
Interest
a.$6,500 at 9.6% for 9 months
__________
b.$3,070 at 10.8% for 4 months
__________
c.$4,100 at 18% for 2 months
__________
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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callisonrcallisonr
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A year ago
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