Answer
The total amount due is $5665.
Work Step by Step
interest=principle*rate*time
$i=(5500)(0.04)(\frac{9}{12}) = (220)(0.75) = 165$
total due = principle + interest
$t=5500+165=5665$
Basic College Mathematics (9th Edition)
by Lial, Margaret L.; Salzman, Stanley A.; Hestwood, Diana L.
Published by
Pearson
ISBN 10:
0321825535
ISBN 13:
978-0-32182-553-7
Chapter 6 - Percent - 6.7 Simple Interest - 6.7 Exercises - Page 450: 42
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