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March 2, 2015

March 2, 2015

Posted by **Bob** on Wednesday, September 21, 2011 at 12:31am.

- Business Math -
**Henry**, Thursday, September 22, 2011 at 6:56pmThe length of the loan = 9mo.and 21 days:

t = 9 21/30 mo = 9.7 mo. = 0.81 yr.

A = Po + I,

A = 21,900 + 21,900*0.12*0.81,

A=21,900 + 212430=$24,024.30 Amt.paid.

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