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Willie White borrowed $2,485 for 105 days at 8% exact simple interest (365day year). Compute the ...
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Willie White borrowed $2,485 for 105 days at 8% exact simple interest (365day year). Compute the ...
Willie White borrowed $2,485 for 105 days at 8% exact simple interest (365day year). Compute the total amount that Willie must repay at the end of the loan period.
Textbook
Contemporary Business Mathematics for Colleges
Edition:
16
^{th}
Authors:
Deitz, Southam
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More solutions for this book are
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I = PRT = $2,485
´
0.08
´
105/365 = $57.19; $2,485 + $57.19 = $2,542.19
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Katseye
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2 weeks ago
Smart ... Thanks!
kiara23247843
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Thanks for your help!!
smi3
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I appreciate what you did here, answered it right
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