crystal301010 crystal301010

30-03-2021
Mathematics

contestada

Rita has a loan of $45,580. This loan has a simple interest rate of 4% per year. What is the
amount of interest that Rita will be charged on this loan at the end of one year?

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hoberle14 hoberle14

30-03-2021

Take the loan amount and multiply by 4%
45580*0.04= 1823.20

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