Time remaining:
math question regarding

Mathematics
Tutor: None Selected Time limit: 1 Day

a  company burrows $7000 at 16.2 % for 60 days. Find the amount of simple interest due and the total amount must be paid after 60 days?

Dec 7th, 2014

16.2% of $7000

= !6.2/100 * f $7000

=162 *7

=$1134 interest  for 1 year

= 60/365 * $1134 for 60 days 

=$186.41 to nearest cent

Dec 7th, 2014

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Dec 7th, 2014
...
Dec 7th, 2014
May 23rd, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer