Ask Question
15 September, 00:35

Steve Rogers takes out a loan of $600 with an annual simple interest rate of 6%. He agrees to

pay back the amount within 4 months.

Find the total amount due on the loan at the end of 4

months.

+2
Answers (1)
  1. 15 September, 01:46
    0
    Step-by-step explanation:

    Principal 600

    Rate 6%

    Time 4 / 12 or 1/3 or. 33

    600x6%x1/3

    $12

    Total due 612
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Steve Rogers takes out a loan of $600 with an annual simple interest rate of 6%. He agrees to pay back the amount within 4 months. Find the ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers