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Home Q & A Board Science-Related Homework Help Mathematics
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Rosa Rosa
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Nina Lopez calls a finance company to investigate borrowing $2,700 for 60 days. Nina qualifies for a loan at 9.75% exact simple interest (365-day year). If she accepts the loan, compute the total that Nina will have to repay.
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
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GlitterBug11GlitterBug11
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More solutions for this book are available here
I = PRT = $2,700 ´ (0.0975 ´ 60/365) = $43.27; $2,700 + $43.27 = $2,743.27
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Rosa Author
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2 weeks ago
Thanks for your help!!
amandamraz
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Yesterday
this is exactly what I needed
annakc
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2 hours ago
Thank you, thank you, thank you!
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