Georgia agrees to lend money to Matt at a special interest rate of 9.9% per year

Apr 25th, 2015
Steve1995
Category:
Business & Finance
Price: $5 USD

Question description

Georgia agrees to lend money to Matt at a special interest rate of 9.9% per year, on the condition that he borrow enough that he would pay her $573 in interest over a 9 month period. What was the minimum amount Matt could borrow? 

A) $8681.82 

B) $6945.45 

C) $7652.86

 D) $7717.17

Tutor Answer

(Top Tutor) Daniel C.
(997)
School: Boston College
PREMIUM TUTOR

Studypool has helped 1,244,100 students

8 Reviews


Summary
Quality
Communication
On Time
Value
pmallory
Dec 10th, 2016
" Totally impressed with results!! :-) "
mixedballz
Dec 1st, 2016
" excellent work as always thanks for the help "
Five Star Tutor
Nov 26th, 2016
" Outstanding Job!!!! "
kiln82
Nov 18th, 2016
" awesome work thanks "
darnay
Nov 9th, 2016
" The best tutor out there!!!! "
likeplum4
Nov 4th, 2016
" Excellent work as usual "
kpcutie
Oct 13th, 2016
" Excellent job "
Joemoe
Oct 4th, 2016
" <3 it, thanks for saving me time. "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1831 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors