Find the interest on the following loan. $1800 at 7.5% for 3 months The interest is $ (Round to the nearest cent as needed.)

Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.2: Solve Percent Applications
Problem 3.43TI: Sean’s new car loan statement said he would pay $4,866.25 in interest from an interest rate of 8.5%...
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Find the interest on the following loan.
$1800 at 7.5% for 3 months
The interest is $
(Round to the nearest cent as needed.)
Transcribed Image Text:Find the interest on the following loan. $1800 at 7.5% for 3 months The interest is $ (Round to the nearest cent as needed.)
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