Saturday

August 2, 2014

August 2, 2014

Posted by **John** on Thursday, March 1, 2012 at 6:54pm.

- Algera -
**MathMate**, Thursday, March 1, 2012 at 7:31pmHint:

Simple interest

=Prt

P=principal (what was borrowed)

r=rate of interest, 0.17=17%

t=time in years (for yearly interest rate)

I think she should negotiate a bank load at a lower interest than that.

**Related Questions**

8th grade - Ms Pecho currently owes $637.50 in simple interest on a loan of $...

Math - Ms. Pecho currently owes $637.50 in simple interest on a loan of $2500 at...

Math - I posed a problem and no one helped me to see how to solve the problem. I...

math - if a loan is given for 2,500 for 1 year and the interest charged is 275 ...

math - Loan #1 Year Amount owed 1 $3796 2 $3942 3 $4088 Loan # 2 Year Amount ...

math - Loan #1 Year Amount owed 1 $3796 2 $3942 3 $4088 Loan # 2 Year Amount ...

Transitional Math - Richard took a loan of $10000 at a rate of 5%. If he paid $...

VBA Programming - I'm trying to create a macro that asks for a loan between 1 ...

Math - hollis is paying off 2 student loans. One loan charges 7% interest, per ...

Finance - To find the simple interest on a loan for 1 year at 12.5%, multiply ...