Short Answer
Mary borrowed $6200 at 6.5% simple interest to buy a chair. Find the term of the loan if the interest was $1813.50.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q51: Samir purchased a car for
Q52: As part of her retirement planning, Mrs.
Q53: Find the future value of the loan.
Q54: Katie had an unpaid balance of $1013.25
Q57: <span class="ql-formula" data-value="\begin{array}{l}\text { Find the missing
Q58: Compute an amortization schedule for the
Q59: If the closing price of a stock
Q60: The average teachers' and superintendents' salaries for
Q61: Janice had an unpaid balance of $1080.50
Q68: Roger borrowed $400.00 for 1 year. His