document.write( "Question 520839: Joan Roe borrowed $85,000 at a rate of 11 3/4 percent. The date of the loan was July 8. Joan is to repay the loan on Sept. 14. Assuming the loan is based on exact interest, the interest Joan will pay on Sept. 14 is? \n" ); document.write( "
Algebra.Com's Answer #346227 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! I=85000*0.1175*81/365 \n" ); document.write( "I=$2,216.40 \n" ); document.write( " |