Mrs. anderson borrows 1600 at a rate of 5% per year. how much simple interest will she pay if it takes 10 months to repay the loan

Simple interest can be calculated as I = Prt (where p is principle amount, r is the annual rate, and t is time for borrowing).

So: P = 1600, r = 0.05, and t = 10/12 (we convert months into years because the rate is given as annual figure).

So: I = 1600(0.05)(10/12)

I = 66.67

19

step-by-step explanation:

10/60

step-by-step explanation:

if you divide 10 by 60 the answer is 0.166666 while if you divide or solve the other problems it equals 0.6