aliana48 aliana48

15-12-2020
Mathematics

contestada

Ricardo borrows $1850 for 8 months at 12% interest.
What is the amount he will pay back at the end of the
loan period?
How do you know?

Respuesta :

Аноним Аноним

16-12-2020

Answer:

Ricardo will have to pay $1776 at the end of the loan period.

I know this because if you multiply 12% to 1850 you get 222.

Now you multiply 222 to 8 which gives you an answer of 1776.

Hope this helps. :)

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