SOLUTION: Find the interest due on $600 at 9.5% for 120 days.

Algebra.Com
Question 380548: Find the interest due on $600 at 9.5% for 120 days.

Answer by stanbon(75887)   (Show Source): You can put this solution on YOUR website!
Find the interest due on $600 at 9.5% for 120 days.
-------
Interest = Prt
I = 600*0.095(120/365)
---
I = $18.74
==============
Cheers,
stan H.

RELATED QUESTIONS

Find the interest due on $1,400 at 9% for 270 days. (answered by stanbon)
Please help me solve this: Face $1440; dated 5/15/76; due in 120 days; bears interest at... (answered by solver91311)
Find the interest and final amount on $20, 100 at 9% simple interest for 89... (answered by fractalier)
find the exact interest for $600 at 8% for 45 days.(round to the nearest... (answered by unlockmath)
Miguel borrowed $10,000 at 6% ordinary interest for 120 days. After 40 days, he made a... (answered by rapture)
Find the interest on the following amounts using 6%-6 day method: 1. P6,500 at 6% for (answered by Alan3354)
Find the interest on the following amounts using 6%-6 day method: 1. P6,500 at 6% for (answered by Alan3354,math_tutor2020)
Find the interest on the following amounts using 6%-6 day method: 1. P6,500 at 6% for (answered by CPhill)
Find the amount due on a loan of P 600 at 15.75% interest after 21... (answered by ikleyn)