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Home Q & A Board Science-Related Homework Help Mathematics
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rventurec rventurec
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A year 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.$2,775 at 7% for 240 days
__________
__________
b.$5,000 at 9% for 225 days
__________
__________
c.$1,150 at 5% for 2 years
__________
__________
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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psstone42psstone42
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A year ago
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