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Find the interest in dollars and the proceeds for the following problem. Choose the right answers. John Green received a $580 discount loan to purchase a television. The loan was offered at 16% for 60 days. Find the interest in dollars and the proceeds for the following problem. The interest is $. The proceeds are $.

Respuesta :

Aliwohaish12
The interest
580×0.16×(60÷360)
=15.47
The proceeds
580−15.47
=564.53

Answer:

Step-by-step explanation:

The interest

580×0.16×(60÷360)

=15.47

The proceeds

580−15.47

=564.53

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