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

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Find the interest due on $600 at 9.5% for 120 days.       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

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

Answer by stanbon(75887) About Me  (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.