You buy some furniture for $800 and pay "no interest" for n-days.This means that after n-days,you owe the furniture company $800.However,there is an administration fee of $50 that you must pay today (when you buy the furniture).If the rate of simple interest that you are being charged is 12.4%,what is n (Answer to nearest day)?
A)99 days
B)184 days
C)173 days
D)196 days

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The Answer of You buy some furniture for $800 and pay "no interest" for n-days.This means that after n-days,you owe the furniture company $800.However,there is an administration fee of $50 that you must pay today (when you buy the furniture).If the rate of simple interest that you are being charged is 12.4%,what is n (Answer to nearest day)?
A)99 days
B)184 days
C)173 days
D)196 days

You Buy Some Furniture for $800 and Pay "No Interest