Close Date: Sun, Apr 17, 2022, 06:05 PMQuestion 9 of 13Lauren loaned $9,625 to Jacob at a simple interest rate of 4.47% p.a. for 3 years and 11months. Calculate the amount of interest charged at the end of the term.Round to the nearest cent->SAVE PROGRESSSUB-3°C令近

NOTE: Refresh your page if you can't see any equations. . here we have P=9625 r=4.47%=0.0447 t=3…

Answered: Lauren loaned $9,625 to Jacob at a…

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter7: Percents

Section7.7: Simple And Compound Interest

Problem 15E

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Lauren loaned $9,625 to Jacob at a simple interest rate of 4.47% p.a. for 3 years and 11 months. Calculate the amount of interest charged at the end of the term. Round to the nearest cent