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you will be charged 10.5% interest on a loan of 678 how much interest will you pay on the loan

Respuesta :

10.5% of 678 = 
0.105(678) = 71.19 <==
Hope this helps. 

Answer: 71.19

Step-by-step explanation:

Since, the total amount = 678

Total charged on that money = 10.5 %

Thus, the total interest paid = 10.5% of the total amount

[tex]=10.5\% \text{ of } 678[/tex]

[tex]=\frac{10.5}{100}\times 678[/tex]

[tex]=\frac{7119}{100}[/tex]

[tex]=71.19[/tex]

Hence, the total paid interest = 71.19

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