Posted by **Tina** on Saturday, March 24, 2012 at 3:31pm.

The total amount of interest on a loan of $6,000 for 150 days is $210.50. Using the ordinary interest method, what is the rate of interest on this loan? Round to the nearest hundredth.

## Answer This Question

## Related Questions

- math - The total amount of interest on a loan of $6,000 for 150 days is 210.50....
- math - The total amount of interest on a loan of $6,000 for 150 days is $210.50...
- math - The tooal amount of interest on a loan of 6,000 for 150 days is 210.50....
- business mathmatics - the total amount on a loan of 6,000 for 150 days is 210.50...
- math - the total amount of interest on this loan of $6000 for 150 days is $210....
- Business Math - Find the amount of the principal on a loan at 6% interest for ...
- math - Jefferson Bank made a loan at 6% interest for 146 days. If the amount of ...
- math - Suppose that you took out a loan at 7% interest for 192 days. If the ...
- business - Catherine borrowed $19,000 on June 20, at 10% interest. If the loan ...
- Math - Find the amount of the principal on a loan at 6% interest for 274 days if...

More Related Questions