Ask Question
30 September, 10:59

Rita has a loan of $45,580. This loan has a simple interest rate of 4% per year. What is the amount of interest that Rita will be charged on this loan at the end of one year? A $47,403.20 B $11,395 C $18,232 D $1,823.20

+3
Answers (2)
  1. 30 September, 11:38
    0
    I=prt

    I=45580*0.04*1

    I=1,823.2
  2. 30 September, 12:13
    0
    C multiply 45580 times 4 percent
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Rita has a loan of $45,580. This loan has a simple interest rate of 4% per year. What is the amount of interest that Rita will be charged ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers