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Author Question: Alex borrowed $7500 to buy a car. If interest is charged on a loan at 8.5%, how much interest would ... (Read 114 times)

Cooldude101

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Question 1

Find the amount of interest on $635.00 at 6.5% p.a. from October 2, 2015 to August 4, 2016.

Question 2

Alex borrowed $7500 to buy a car. If interest is charged on a loan at 8.5%, how much interest would he have to pay in 120 days.


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Marked as best answer by Cooldude101 on Jun 6, 2019

jojobee318

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Cooldude101

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Reply 2 on: Jun 6, 2019
Great answer, keep it coming :)


31809pancho

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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