Friday

January 30, 2015

January 30, 2015

Posted by **Jackie** on Friday, January 28, 2011 at 5:47pm.

- Business Math -
**helper**, Friday, January 28, 2011 at 6:04pmI = PRT (Interest = Principal * Rate * Time)

.04 interest/yr = .003 mo (.04/12)

I = 6000 * 0.003 * 7

You can take it from here.

**Answer this Question**

**Related Questions**

math - Sal borrowed $2,000 for six months at 11.5% simple interest. What was ...

business math - . Ludwig borrowed $8,000 on July 20, at 11% interest. If the ...

Math - Jared obtained a simple interest loan for 1200 at a credit union at an ...

buissness math - Determine the total in Dexter's account after the second month ...

Consumer math !!!! please check - Determine the total in Dexter's account after...

business math - Joan Roe Borrowed $85,000 at a rate of 113/4 percent. The date ...

business math - Janet Home went to Citizens Bank. She borrowed $7,000 at a rate ...

Math - 1. Jacksonville Technical College received $3,445,553 in state aid on ...

algebra - john borrowed $650 from credit union . interest rate is 7.9% , and ...

math - Suppose you borrow $4200 at an annual simple interest rate of 10.5% for a...