SOLUTION: the simple interest for a loan at 8% for 4 years requires $320. how much interest is requirerd for a loan of the same amount of money if it is made at 9%for 5 years

SOLUTION: the simple interest for a loan at 8% for 4 years requires $320. how much interest is requirerd for a loan of the same amount of money if it is made at 9%for 5 years

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Question 378684: the simple interest for a loan at 8% for 4 years requires $320. how much interest is requirerd for a loan of the same amount of money if it is made at 9%for 5 years
Answer by scott8148(6628) (Show Source): You can put this solution on YOUR website!
320 * (9/8) * (5/4)
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