Post a New Question

MATH

posted by .

Find the amount of interest and the monthly payment for the loan. Purchase a living room set for $3,800 at 12% add-on interest for 3 years.

  • MATH -

    LaCresha/David -- please use the same name for your posts.

    I = PRT

    Add the interest to the principle to find the total.

    Then, divide that by 36 to find the monthly payments.

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question