Margo borrows $500, agreeing to pay it back with 3% annual interest after 14 months. how much interest will she pay?

She pays $17.50

Step-by-step explanation:

Interest Formula:

I = P(rt)

I = final interest

P = money borrowed

r = rate of interest

t = number of time periods

---

Plug in the values

t = 14/12 years

P = 500 dollars

r = 3% = 3/100 = 0.03

I = (500)(0.03)(14/12)

I = $17.50

answer: the answer is one of

step-by-step explanation:   we are given to write a proper fraction where the whole is divided into an even number of equal parts less than ten, and an odd number of those parts exist.

an even number less than 10 may be one of 2, 4, 6 or 8. so, the whole may be one of these four evens.

now, an odd number of these parts must exist, so the numerator must be an odd number, one of 1, 3, 5 or 7. it cannot be 9 because then the fraction will become improper.

thus, our fraction may be one of the following

4

step-by-step explanation: