SOLUTION: What interest will you pay on a $7900 loan for 1 year if the interest rate is 11%?
Algebra.Com
Question 32940: What interest will you pay on a $7900 loan for 1 year if the interest rate is 11%?
Answer by sarah_adam(201) (Show Source): You can put this solution on YOUR website!
I =
here P = $7900
T = 1 year and R = 11
therfore I =
I = $869
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