Ask Question
4 August, 16:00

Brian takes out a $1,600 discounted loan calculated using a simple interest rate of 12% for a period of 15 months. How much money does Brian receive from the bank when the loan is drawn down? Give your answer in dollars to the nearest dollar.

+4
Answers (1)
  1. 4 August, 16:05
    0
    Answer:1360
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Brian takes out a $1,600 discounted loan calculated using a simple interest rate of 12% for a period of 15 months. How much money does ...” 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