Ask Question
26 May, 13:34

Marc maxwell took out a simple interest loan at 13% interest for 12 months. his previous balance $2681.04. what is the final payment if the loan is paid off with the next payment

+4
Answers (1)
  1. 26 May, 14:02
    0
    A=p (1+rt)

    A=2,681.04 * (1+0.13*1)

    A=3,029.5752
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Marc maxwell took out a simple interest loan at 13% interest for 12 months. his previous balance $2681.04. what is the final payment if the ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers