A construction company borrowed $80,000 for 6 months at an annual interest rate of 7%. Find the simple interest due on the loan
A) $1800.00
B) $4800.00
C) $3800.00
D) $2800.00
E) $5800.00
Correct Answer:
Verified
Q89: Tony's hourly wage as a service station
Q90: Sam had a checking account balance of
Q91: A nurse bought a hybrid car for
Q92: Decide whether the bank statement and checkbook
Q93: Joel had a checking account balance of
Q95: A medical practice invested $40,000 in an
Q96: A Chevrolet was purchased for $28,600, and
Q97: A nutritionist had a checking account balance
Q98: You had a checking account balance of
Q99: A savings and loan institution is
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