math
posted by Anonymous on .
you borrow 5,000 at APR 4% percent find the interest i after 18 months?

interest=5000(.04)^(18/12)

simple interest
I = PRT
I = 5000 * .04 * 1.5
I = 300
posted by Anonymous on .
you borrow 5,000 at APR 4% percent find the interest i after 18 months?
interest=5000(.04)^(18/12)
simple interest
I = PRT
I = 5000 * .04 * 1.5
I = 300