Thursday
October 23, 2014

Homework Help: Math for Professionals

Posted by Sherry on Monday, September 19, 2011 at 4:36pm.

You find that a small business loan in the amount of 50,000 is the amount you need to purchase the restaurant location. After researching banks to find the best interest rate, you find that banks for small businesses offer the best interest rate of 9% interest that compounds monthly for 7 years.
What formula do I use to solve this problem.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

business - You find that a small business loan in the amount of 50,000 is the ...
algebra - 50,000 is the amount of a loan needed to purchase a restaurant ...
algebra - 50,000 is the amount you need to purchase the restaurant location. ...
Math 141 - You find that a small business loan in the amount of 50,000 is the ...
CTU - Part IV: You find that a small business loan in the amount of 50,000 is ...
Algebra - You find that a small business loan in the amount of 50,000 is the ...
Algebra - You find that a small business loan in the amount of 50,000 is the ...
math - You have just graduated from college and landed your first big job. You ...
math - You have just graduated from college and landed your first big job. You ...
Algebra - You have just graduated from college and landed your first big job. ...

Search
Members