May 24, 2016

Homework Help: Business Math

Posted by Donna on Thursday, March 14, 2013 at 9:04am.

Oakwood plowing company purchased two new plows for the upcoming winter. Oakwood must make a single payment of 25,03 to pay for the plows. As of today he has $24,200. Asuume the Oakwood puts the money in the bank today, what rate of interest will it need to pay off the plows in 200 days?

Answer This Question

First Name:
School Subject:

Related Questions

More Related Questions