Questions LLC
Login
or
Sign Up
Ask a New Question
Mathematics
Financial Calculations
Simple Interest Calculation
Joshua borrowed $900,00 for 6o days at an annum simple interest rate of 5% how mush interest did he pay
1 answer
900 * 0.05 * 60/365 = ____
You can
ask a new question
or
answer this question
.
Related Questions
Mrs jasmine Invested $4000 in a building society which paid simple interest at a rate of 7.25% per annum to its investors. After
Nazir saved $900 to buy a plasma tv, he borrowed the rest at an interest rate of 18%/a compounded monthy, 2 years later he paid
A person borrowed Rs.20,000 from a bank at a simple interest rate of 12% per annum.In how many years will he owe interest of
1. Mr. Thimbrel borrowed $5,600 from the bank at 8.5% per annum simple interest for 6 years. Calculate:
a) The sum of money paid
Mrs Ricky borrowed $5,340 at a bank at 9.5% per annum simple interest for 5 years.
(A) the sum of money paid in interest to the
Umar invested RM150,000 in a bank for 100 days with simple interest rate is 4.5% per annum. His investment is worth RM151,875 as
A person borrowed Rs.20,000 from a bank at a simple interest rate of 12 percent per annum. In how many
years will he owe interest
Sophie borrowed $2000 at a simple interest rate of 15% for 3 years to repay the loan and has $900 in interest. If Sophie's
Mrs jasmine Invested $4000 in a building society which paid simple interest at a rate of 7.25% per annum to its investors. After
Joshua borrowed $1,900 for one year and paid $95 in interest. The bank charged him a service charge of $22. If Joshua paid the
