SOLUTION: Find the exact interest on a loan of 6,000 at 9% annually for 80 days
Algebra
->
Customizable Word Problem Solvers
->
Finance
-> SOLUTION: Find the exact interest on a loan of 6,000 at 9% annually for 80 days
Log On
Ad:
Over 600 Algebra Word Problems at edhelper.com
Word Problems: Money, Business and Interest
Word
Solvers
Solvers
Lessons
Lessons
Answers archive
Answers
Click here to see ALL problems on Money Word Problems
Question 738319
:
Find the exact interest on a loan of 6,000 at 9% annually for 80 days
Answer by
rfer(16322)
(
Show Source
):
You can
put this solution on YOUR website!
I=6000*0.09*80/365
I=$118.36
(