Mathematics, 15.12.2021 09:40 GlitterGayness
The equation representing simple interest is I = PRT, where I in the amount of interest charged ($), P in the principal amount of the loan, R is the interest rate (in decimal form), and T is the time of the loan in years. Find the interest on a $350 loan at an interest rate of 18% for 18 months.
$72.75
$1,134
$94.50
$1,944
Answers: 3
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