gin2k1
contestada

The simple interest due on a 6-month loan of $2,500 is $125. What is the monthly payment on the loan?

Respuesta :

I think the answer would be $417 dollars for the 6 months for every payment 417x6=$2,502

Answer:

$437.50

Step-by-step explanation:

2500 +125=2625

2625/6=437.50