SOLUTION: How much interest would I pay for a 150-day loan of $1900 at 15%?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: How much interest would I pay for a 150-day loan of $1900 at 15%?       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 523535: How much interest would I pay for a 150-day loan of $1900 at 15%?
Answer by ankor@dixie-net.com(22740) About Me  (Show Source):
You can put this solution on YOUR website!
How much interest would I pay for a 150-day loan of $1900 at 15%?
:
I = 150%2F365 * .15 * 1900
I = $117.12