Margo borrows $1900, agreeing to pay it back with 8% annual interest after 17 months. How much interest will she pay? Round your answer to the nearest cent, if necessary. S
Margo borrows $1900, agreeing to pay it back with 8% annual interest after 17 months. How much interest will she pay? Round your answer to the nearest cent, if necessary. S
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section: Chapter Questions
Problem 430PT: Melinda deposited $5,985 in a bank account with an interest rate of 1.9%. How much interest was...
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![Margo borrows $1900, agreeing to pay it back with 8%
annual interest after 17 months. How much interest will
she pay?
Round your answer to the nearest cent, if necessary.
$](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3e8ca5a6-77b3-4f88-a5f3-282372d2c0e0%2Fab21eb3e-6115-4e07-906e-1d1b588441a1%2Ftyk6zq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Margo borrows $1900, agreeing to pay it back with 8%
annual interest after 17 months. How much interest will
she pay?
Round your answer to the nearest cent, if necessary.
$
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