Find the simple interest on a loan of 23,000 at 5.4% interest for 11 months

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Mathematics Tài Đức 1 year 2021-09-03T17:28:47+00:00 2021-09-03T17:28:47+00:00 1 Answers 0 views 0

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minhkhoi · Answer 1 · 2021-09-03T17:30:13+00:00

minhkhoi

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2021-09-03T17:30:13+00:00 September 3, 2021 at 5:30 pm

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Answer:

Simple interest=1138.5

Step-by-step explanation:

Simple interest=23000×(5.4/100)×(11/12)

S.I=23000×0.054×(11/12)

S.I=1138.5