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Author Question: What is the simple interest on a 10-month loan of 8,400 at 7.75? A) 651.00 B) 644.50 C) 542.50 ... (Read 139 times)

SGallaher96

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on: Jun 24, 2018
What is the simple interest on a 10-month loan of 8,400 at 7.75?
 A) 651.00
  B) 644.50
  C) 542.50
  D) 440.00

Question 2

In Excel, a formula can be used to add a number to a date to calculate the maturity date of a loan.
  Indicate whether the statement is true or false


Toya9913

  • Sr. Member
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  • Posts: 341
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


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