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choco1433 choco1433
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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.$15,600 at 15% for 8 months
__________
b.$10,000 at 8.4% for 3 months
__________
c.$  8,775 at 10.5% for 5 months
__________
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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knh1473knh1473
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A year ago
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choco1433 Author
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A year ago
Brilliant
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You make an excellent tutor!
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