document.write( "Question 1064271: You take a simple interest loan for $1200. at 10% interest for 14 months. How much is the monthly payment? I am stuck on figuring out the interest for 14 months.
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Algebra.Com's Answer #679319 by josgarithmetic(39616)![]() ![]() ![]() You can put this solution on YOUR website! Ten percent of $1200 is 120, so the the full cost will be 1200+120=1320 dollars.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "This $1320 spread equally among 14 months is |