Thursday
April 24, 2014

Homework Help: math

Posted by tammy on Friday, July 6, 2012 at 7:39pm.

Suppose you borrow $4200 at an annual simple interest rate of 10.5% for a term of 18 months. How much simple interest will you owe? What is the total amount you will have to repay (maturity value)? i am not good at this one working on my problem

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math 81 - How can $60,000 be invested, part at 7% annual simple interest and the...
algebra - A total of $6200 is deposited into two simple interest accounts. On ...
Maths - pauline paid $450 simple interest to borrow $20 000. The interest rate ...
eco - Suppose a person pays $80 of annual interest on a loan that has a 5 ...
Word problem - suppose you deposit $350 in a bank account that pays 6% annual ...
math - you borrow $1200 from a bank that bank charges 9.5% simple annual ...
MATH - An investment adviser invested $14,000 in two accounts. One investment ...
Compound math - (Future Value) Suppose you invest $8000 into an account that ...
Math - melissa invested a some of money at 3% annual simple inter she invested ...
math - Two investments earn a total annual income of $2825. One investment is in...

Search
Members