Posted by **angela ** on Tuesday, June 25, 2013 at 7:25pm.

tony towing borrows of $12,250 at 9.5% interest for 320 days if bank use exact interest method how much interest will the bank collect? Round to nearest cent

- business math -
**Ms. Sue**, Tuesday, June 25, 2013 at 7:27pm
I = PRT

I = 12,250 * 0.095 * 0.8767

I = ?

- business math -
**Steve**, Tuesday, June 25, 2013 at 10:51pm
What is the selling price of a dining room set at Macy’s? Assume actual cost is $910 and 30% markup on selling price.

- business math -
**Anonymous**, Tuesday, October 27, 2015 at 4:10pm
$1,020.00

## Answer this Question

## Related Questions

- business mat - On September 14, Jennifer Rick went to Park Bank to borrow $2,...
- math - Jefferson Bank made a loan at 6% interest for 146 days. If the amount of ...
- Math - Bill has a savings account in Sierra Bank and earns interest at 2 1/4%. ...
- business - Catherine borrowed $19,000 on June 20, at 10% interest. If the loan ...
- Math - Find (a) the exact interest and (b) the ordinary interest. Round answers ...
- business math - Using the exact interest method (365 days), find the amount of ...
- business math - using the exact interest method 365 days, find the amount of ...
- Alg 2 - Suppose you deposit a principal amount of p dollars in a bank account ...
- Alg2 - Help....Help... Suppose you deposit a principal amount of p dollars in a ...
- acct - Using the Exact Interest rule, compute the interest on the following note...

More Related Questions