What is the ordinary simple interest on a 225-day loan of 1,250 at ...

Author Question: What is the ordinary simple interest on a 225-day loan of 1,250 at ... (Read 72 times)

pane00

Hero Member
Posts: 579

on: Jun 24, 2018

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

Reply #1 on: Jun 24, 2018

Answer to Question 1

67.97;

Answer to Question 2

825.00;

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