selfpatricia selfpatricia

02-03-2017
Business

contestada

A $40,000 loan at 4% dated June 10 is due to be paid on October 11. The amount of interest is (assume ordinary interest

Respuesta :

dileepkumarnunna dileepkumarnunna

02-03-2017

interest=(P*T*R)/100
= (40000*0.33*4)/100
= $528

Answer Link

Geophilip Geophilip

27-02-2020

Answer:

$1,600

Explanation:

Since the borrower is to pay 4% of the money by October 11(Due time)

4% of the principal is simply

(4/100)* 40,000 = $1,600

Answer Link

Otras preguntas

You should eat_____grams of carbohydrates per pound of body weight

Of the following statements, which one or ones indicate possible effects of a low credit score? I. You will have a difficult time qualifying for loans. II. Any

The food code and science say that cooling foods must reach

Make the following sentence more active : five books is the series have been writing by the author

How did the united states grow between 1800 and 1870?

What is the greatest prime you must consider to test whether 4955 is prime?

What is the difference in energy released by a magnitude 5 earthquake and magnitude 8 earthquake?

which of the following best describes the expression 3x + 2 y + 8

Add. (-3a^2+4a–6)+(-a^2–9)

How many square feet of outdoor carpet will need for this hole