12-02-2021
Mathematics

contestada

$2200 at 7.5% for 3 1/4 year what is the interest rate

Respuesta :

frogman2300frog frogman2300frog

13-02-2021

Answer:

$536.25

Step-by-step explanation:

First you find what 7.5% of $2200 is,

(2200/100)7.5=165

Then, you multiply 165 by 3 1/4 to find how much interest is accumulated over 3.25 years

165)3.25=536.25

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