Short Answer
Use ordinary interest:
Correct Answer:
Verified
A. 126 day...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Related Questions
Q40: Joyce took out a loan for $21,900
Q41: Christina Hercher borrowed $50,000 on a 90-day
Q46: Solve: Q46: Sandra Gloy borrowed $5,000 on a 120-day Q47: Use exact interest: Q48: Jim Murphy borrowed $30,000 on a 120-day Q49: Given: a 11% 120-day $9,000 note. Find Q53: Given: a 12% 90-day $4,000 note. Find Q54: Use ordinary interest: Q78: Round all answers to the nearest cent. Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents