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Jill Reynolds took out a simple interest loan for $27,000 at 7.65% for 20 months. What is the total interest cost (to ne

Posted: Wed Jul 06, 2022 12:15 pm
by answerhappygod
Jill Reynolds took out a simple interest loan for $27,000 at7.65% for 20 months. What is the total interest cost (to nearestcent) for Jill?
$4,326.30
$3,442.50
None of the answers is correct
$2,264.17
$3,724.88
$4,019.40