a man borrowed RM6600 from a bank at 8% per annum. How much did he owe the bank at the end of 11 months?
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Step-by-step explanation:
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Answer:
Step-by-step explanation:
interest: 6600$ × 8/100 ÷ 12 × 11
ans: 484$
(i'm sure you know what 8/100 is, so you multiply that first to get the annum. to divide 12 is because you have to get the 1 month interest, and then multiply by 11 to get the 11 month interest)
amount he owes the bank: 484$ + 6600$
ans: 7084$
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