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2.) Olivia is borrowing $60 from her brother at 10% monthly interest. The
interest is to be compounded every month, and her only repayment
will be in full after 3 months. About how much will Olivia pay in
interest?

Respuesta :

sweetgirlleah

Answer:

18 dollars

Step-by-step explanation:

well my teacher tought me to use something called a proportian box when you multiply the 60 * 210 equals 600 divided by 100 equals that 6 dollars of the interest then you multiply by 3 months with gives you 18 dollars in total

hope this helps

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