cruzmarleen05 cruzmarleen05

04-04-2021
Mathematics

contestada

You have a loan for $200,000 at 8.5% annual simple interest. What is your monthly interest payment?

a.1,239
b.1,311
c.1,417
d.1,508

Respuesta :

dayyncredible dayyncredible

04-04-2021

Answer:

c. 1,417

Step-by-step explanation:

200,000 (8.5%) = 17,000

17,000 / 12 = 1,416.67 or 1,417

Answer Link

kaitlynkquinn01 kaitlynkquinn01

12-01-2022

Answer:

$1,417

Step-by-step explanation:

Answer Link

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