gin2k1
gin2k1 gin2k1
  • 11-04-2019
  • Mathematics
contestada

The simple interest due on a 6-month loan of $2,500 is $125. What is the monthly payment on the loan?

Respuesta :

kellessly
kellessly kellessly
  • 11-04-2019

I think the answer would be $417 dollars for the 6 months for every payment 417x6=$2,502

Answer Link
1030636379
1030636379 1030636379
  • 22-03-2022

Answer:

$437.50

Step-by-step explanation:

2500 +125=2625

2625/6=437.50

Answer Link

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