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how do i find percentage? of aan account?

if you owe 564.60 and the percentage is 26.99 how much interest do I owe? if I pay the loan in three months

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Michael F. | Mathematics TutorMathematics Tutor
4.7 4.7 (6 lesson ratings) (6)
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Assume that the annual interest rate is 26.99%, that the loan is at simple interest, and that the calendar is such that 3 months is 1/4 of a year.
 
I=PRT
I=64.60×26.99/100×1/4=38.096835=38.10
William S. | Experienced scientist, mathematician and instructor - WilliamExperienced scientist, mathematician and...
4.4 4.4 (10 lesson ratings) (10)
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Is the interest percentage 26.99 per month?  Do you intend to pay back the loan in 3 equal monthly installments?