Monday
April 21, 2014

Homework Help: Business Maths

Posted by Ekanki on Monday, April 23, 2012 at 9:33pm.

Carol Miller went to Europe and forgot to pay her $750 mortgage payment on her New Hampshire ski house. For her 45 days overdue on her payment, the bank charged her a penalty of $16. (assume 360 days).

What was the rate of interest charged by the bank? (Do not round intermediate calculations. Round your answer to the nearest hundredth percent. Omit the "%" sign in your response.)

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Business Math - Carol Miller went to Europe and forgot to pay her $740 mortgage ...
business math - carol miller went to europe and forgot to pay her 4740 mortgage ...
business math - carol miller went to europe and forgot to pay her $740 mortgage ...
Math - Carol Miller went to Europe and forgot to pay her $820 mortgage payment ...
bus 123 - Carol Miller went to Europe and forgot to pay her $850 mortgage ...
Intrest - Carol Miller went to Europe and forgot to pay her 740 mortgage payment...
simple intrest - Carol Miller went to Europe and forgot to pay her 740 mortgage ...
Intrest Problem - Carol Miller went to Europe and forgot to pay her 740.00 ...
English - He went on a trip. He went on a bike riding. He went on a vacation. He...
world geography - which part of europe has advanced communications and ...

Search
Members