Tuesday
October 21, 2014

Homework Help: business Maths

Posted by Ekanki on Monday, April 23, 2012 at 10:12pm.

Leslie Hart borrowed $15,900 to pay for her child’s education at Riverside Community College. Leslie must repay the loan at the end of 6 months in one payment with interest.

(a)
How much interest must Leslie pay? (Do not round intermediate calculation. Round your answer to 2 decimal places. Omit the "$" sign in your response.)
(b)
What is the maturity value? (Do not round intermediate calculation. Round your answer to 2 decimal places. Omit the "$" sign in your response.)

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

college - Doug Corporation purchased Leslie Company's entire business for $3,200...
business math - Jill Ley took out a loan to pay for her child's education for $...
math - Jill Ley took out a loan to pay for her child's education for $60,000 the...
math - Jill Ley took out a loan to pay for her child's education for $60,000. ...
math - Liam borrowed a sum of money from his parents as an interest free loan to...
algebra - john borrowed $650 from credit union . interest rate is 7.9% , and ...
math - Leslie has been offered the choice of either a $1,000 rebate or a 5.5 ...
Maths - Car loan interest rate is 7% loan payment $600 month 36 months left on ...
buissness math - Determine the total in Dexter's account after the second month ...
Consumer math !!!! please check - Determine the total in Dexter's account after...

Search
Members