Respuesta :

dileepkumarnunna
interest=(P*T*R)/100
   = (40000*0.33*4)/100
   = $528
Geophilip

Answer:

$1,600

Explanation:

Since the borrower is to pay 4% of the money by October 11(Due time)

4% of the principal is simply

(4/100)* 40,000 = $1,600

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