selfpatricia selfpatricia

02-03-2017
Business

contestada

A $40,000 loan at 4% dated June 10 is due to be paid on October 11. The amount of interest is (assume ordinary interest

Respuesta :

dileepkumarnunna dileepkumarnunna

02-03-2017

interest=(P*T*R)/100
= (40000*0.33*4)/100
= $528

Answer Link

Geophilip Geophilip

27-02-2020

Answer:

$1,600

Explanation:

Since the borrower is to pay 4% of the money by October 11(Due time)

4% of the principal is simply

(4/100)* 40,000 = $1,600

Answer Link

Otras preguntas

Help me please please please:( Ex.7

HELP QUICK ILL GIVE BRAINLIEST Make up a story for graph c

Which statement(s) best describe why table sugar is considered a pure substance? SELECT ALL THAT APPLY a Sugar is a mixture of pure compounds b Sugar has the sa

How many dots are in the 4 step

Snappys, Inc. is a company that produces digital cameras. They are planning to release a new line of camera. Snappys pays a fixed cost of $200,000 to introduce

: Identify your top two personal values. Personal values are those beliefs and principles that define who you are, shape your attitudes and choices, and help yo

pls answer 2x+1=7 it would really help

plz help me in six number group A

3k + 9 = 18 , find k

A depositor opens a new savings account with $9000 at 2% compounded semiannually. At the beginning of year 5, an additional $7000 is deposited. At the end of s