Author Question: What is the ordinary simple interest on a 225-day loan of 1,250 at ... (Read 39 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
What is the ordinary simple interest on a 225-day loan of 1,250 at 8.7?

Question 2

What is the simple interest on a 3-year loan of 11,000 at 2.5?



jessofishing

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

67.97;

Answer to Question 2

825.00;



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

For a complete list of videos, visit our video library