Ask Question
14 December, 02:51

Convert 2 months to years expressed in decimal form to the nearest hundredth? user: find the exact interest on a loan of $4000 at 8 % annually for 50 days

+4
Answers (1)
  1. 14 December, 03:29
    0
    Two months in years = 2/12 = 0.17 (rounded)

    Interest earned in 50 days = 4,000 * 0.08 * 50/365 = $43.83

    Answer: I = $43.83
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Convert 2 months to years expressed in decimal form to the nearest hundredth? user: find the exact interest on a loan of $4000 at 8 % ...” 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