May 25, 2016

Homework Help: business math

Posted by Susan on Tuesday, March 12, 2013 at 3:53pm.

Joan Roe Borrowed $85,000 at a rate of 113/4 percent. The date of the loan was July 8. Joan is to repay the loan on Sept 14. Assuming the loan is based on exact interest, the interest Joan will pay on Sept 14 is?

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