silentADoll silentADoll

18-03-2017
Mathematics

Answered

.

Shuler’s Teas borrowed $9,805.

The simple interest loan was repaid in 7 months at 8.5%.

Find the amount of the repayment.

$10,291.16

$10,638.43

$10,284.50

$10,504.32

Verified Answer :

Aliwohaish12 Aliwohaish12

18-03-2017

A=9,805×(1+0.085×7÷12)
A=10,291.16

Answer Link

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