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Calculate the amount of simple interest paid on a loan of $4580, at a rate of 6.2% per year for 45 months. Then calculate the total amount of the loan. Round your answer to two decimal places. Paragraph

Calculate the amount of simple interest paid on a loan of $4580, at a rate of 6.2% per year for 45 months. Then calculate the total amount of the loan. Round your answer to two decimal places. Paragraph

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Pls help ASAP on both pls I BEG

Use the exponent laws to simplify and evaluate the following powers. If the answer includes decimals, round it to two decimal places a. (8.71) z (8.71)¹2 (8.71) 16 b. 2 7 (½)² ÷ (1) ²
Transcribed Image Text:Use the exponent laws to simplify and evaluate the following powers. If the answer includes decimals, round it to two decimal places a. (8.71) z (8.71)¹2 (8.71) 16 b. 2 7 (½)² ÷ (1) ²
Calculate the amount of simple interest paid on a loan of $4580, at a rate of 6.2% per year for 45 months. Then calculate the total amount of the loan. Round your answer to two decimal places. Paragraph B I
Transcribed Image Text:Calculate the amount of simple interest paid on a loan of $4580, at a rate of 6.2% per year for 45 months. Then calculate the total amount of the loan. Round your answer to two decimal places. Paragraph B I
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