Kevin Mills borrowed money to purchase a car at 14.4% ordinary interest for a time period from March 1 to August 18. The amount of interest on this loan was $204. How much did Kevin borrow?
Correct Answer:
Verified
Q108: Jes Pisano borrowed $4,800 for 4 years.
Q109: Kim Maugeri deposited $8,000 in a savings
Q110: Street's Candy Shop needs to borrow $50,000
Q111: Marcy Link took out a loan for
Q112: On January 21, Janet Rogan borrowed
Q114: Abkar Hardware takes out a loan of
Q115: Pauly wants to pay off a credit
Q116: Court Manufacturing Company borrowed $875,000 on March
Q117: Jimmy wants to pay off a personal
Q118: Jeff was charged 10% interest and paid
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