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Bluffinmuffin Bluffinmuffin
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2 years ago
Compute the ordinary interest (360-day year) and the total amount of the loan in the following problems. Round answers to the nearest cent.

  
Ordinary
 
 Principal, Rate, and Time
Interest
Amount
a.$24,000 at 5% for 270 days
__________
__________
b.$  1,800 at 8% for 90 days
__________
__________
c.$  2,400 at 6% for 30 days
__________
__________
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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lucypierce86lucypierce86
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