SOLUTION: 1)Borrowed $27,000 from the bank by signing a 9%, 30-day note
2)Paid the note to the bank at maturity.
How Do I calculate the percentage that is on the note?
I'm not getting
Algebra ->
Percentage-and-ratio-word-problems
-> SOLUTION: 1)Borrowed $27,000 from the bank by signing a 9%, 30-day note
2)Paid the note to the bank at maturity.
How Do I calculate the percentage that is on the note?
I'm not getting
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Question 567451: 1)Borrowed $27,000 from the bank by signing a 9%, 30-day note
2)Paid the note to the bank at maturity.
How Do I calculate the percentage that is on the note?
I'm not getting the correct answer. I keep getting 202.50 in interest when the answer states it's 199.73 in interest. Answer by scott8148(6628) (Show Source):
