Short Answer
Carry the answer to two decimal places. An electrician borrows $1,250 at 12.5% interest rate per annum to replace direct current motors with alternating current motors. The loan is paid back in 1 year and 2 months. Find the amount of interest.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q12: An electrician purchases a new truck for
Q13: Carry the answer to two decimal places.
Q14: Carry the answer to two decimal
Q15: Carry the answer to two decimal
Q16: Carry the answer to two decimal places.
Q18: Carry the answer to two decimal places.
Q19: Carry the answer to two decimal places.
Q20: When mixing a quantity of electrolyte for
Q21: A contractor borrows $750 at 12% interest
Q22: Carry the answer to two decimal