December 1, 2015

Homework Help: Simple Intrest

Posted by Scott on Saturday, March 8, 2008 at 1:18pm.

ON September 14th Jennifer Rick went to a park bank to borrow 2500.00 at 11 3/4 intrest. Jennifer plans to repay the loan on January 27th Assume the loan is on the ordinary intrest. What intrest will Jennifer own on Jan 27th What is the total amount Jennifer must repay at Maturity?

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