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Thursday, June 17, 2010

Diane degroot lends $6500 for the 18 months at 12%. how much interest will she earn?

Your question is not complete.



However, I am assuming you mean 12% apr, or 1% per month.



Simple interest (no compounding) will earn her $1170 in 18 months.



6500*.12/12*18 = 1170. She earns $65 per month.



Diane degroot lends $6500 for the 18 months at 12%. how much interest will she earn?payday-advance





Have you considered doing your own homework rather than just posting all the questions here? You%26#039;d probably learn a lot more.

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