mperez76 mperez76

12-10-2021
Mathematics

contestada

A student takes out an emergency loan for tuition, books, and supplies. The loan is for $900 with an interest rate of 6%. How much interest does the student pay if the loan is paid back in 60 days

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konichua69 konichua69

12-10-2021

Answer:

1,011.24 dollars

Step-by-step explanation:

900x1.06^2. 60 days is 2 months. A rate is in months.

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