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put this solution on YOUR website!find the total amount due for each simple interest loan for $6100 at 5.7% interest for 4 years 9 months.
:
Find the interest due for 4.75 yrs
:
i = p*r*t
p = 6100
r = .057
t = 4.75
:
i = 6100 * .057 * 4.75
i = 1651.58
add to the principal
1651.58 + 6100 = $7,751.58
