SOLUTION: $20,000 loan at 11 percent dated March 9 is due to be paid on July 10. The amount of interest is: (Assum ordinary interest)

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: $20,000 loan at 11 percent dated March 9 is due to be paid on July 10. The amount of interest is: (Assum ordinary interest)       Log On