Tuesday

March 3, 2015

March 3, 2015

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.

**Answer this Question**

**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 - Belle had the choice of taking out a four year car loan at 8.5% simple ...

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 ...

Survey of Mathematics - On January 5, Ebony Davis borrowed $6,500 on a simple ...

Urgent! Help please! - On January 5, Ebony Davis borrowed $6,500 on a simple ...

Survey of mathematics - On January 5, Ebony Davis borrowed $6,500 on a simple ...