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Author Question: Suppose you borrow $1250 for a term of 12 years at simple interest and 2.15% APR. How much interest ... (Read 62 times)

jenna1

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  • Posts: 568
on: May 5, 2020

Question 1

Suppose you borrow $825 for a term of six years at simple interest and % APR. How much interest must you pay on the loan?
◦ $390.19
◦ $117.56
◦ $107.42
◦ $235.13
◦ $11.76

Question 2

Suppose you borrow $1250 for a term of 12 years at simple interest and 2.15% APR. How much interest must you pay on the loan?
◦ $26.88
◦ $1572.50
◦ $32.25
◦ $268.75
◦ $322.50
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Marked as best answer by jenna1 on May 5, 2020

scrocafella

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Reply #1 on: May 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jenna1

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Reply 2 on: May 5, 2020
Great answer, keep it coming :)

bimper21

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Reply 3 on: Yesterday
Wow, this really help

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