Top Posters
Since Sunday
10
s
5
j
4
s
4
W
3
a
3
H
3
s
3
a
3
o
3
K
3
m
3
New Topic  
supersour supersour
wrote...
Posts: 88
Rep: 0 0
2 weeks ago
The main refrigerator at Parkside Grille Restaurant had a serious malfunction. Laura Casper, the owner/chef, found a very nice used replacement refrigerator, but needed $4,500 additional cash immediately. She took out a 75-day loan at 7.5% exact simple interest. Compute the total, interest and principal, that Laura must pay for this loan. (Use a 365-day year.)
Textbook 

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
Read 10 times
1 Reply
Replies
Answer verified by a subject expert
bigmatic94bigmatic94
wrote...
Posts: 71
Rep: 0 0
2 weeks ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
$4,500 ´ 0.075 ´ 75/365 = $69.35; $4,500 + $69.35 = $4,569.35

1

Related Topics

supersour Author
wrote...

2 weeks ago
Smart ... Thanks!
wrote...

Yesterday
Thanks
wrote...

2 hours ago
Thank you, thank you, thank you!
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  280 People Browsing
 466 Signed Up Today
Related Images
  
 1239
  
 856
  
 86
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 172