Morris borrowed $9,000 from a credit union at 13% simple interest for 42 months. What were his money installment payments (to the nearest whole cent)?
$311.79 per month
$307.89 per month
$297.58 per month
$377.12 per month
None of these choices are correct.
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0
Answer:
Step-by-step explanatio311$$n:
Answered by
0
Answer:
→ None of these choices are correct.
Step-by-step explanation:
simple installments per year = 9000 x0.13 = 1170
simple installment per month = 1170/12 = $ 97.5
→ None of these choices are correct.
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