Multiple Choice
Matty Kaminsky owns a new Volvo. His June monthly interest is $400. The rate is 8 ½%. Matty's principal balance at the beginning of June is (use 360 days) :
A) $65,740.58
B) $64,470.58
C) $65,704.58
D) $56,470.59
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q50: Interest is $405 on a principal balance
Q51: The federal government likes to use ordinary
Q52: Abby borrowed $3,000 at 12 3/4% on
Q53: Joan Roe borrowed $85,000 at a rate
Q54: Sue Gastineau borrowed $17,000 from Regions Bank
Q56: The number of days between May 20
Q57: On May 17, Jane took out a
Q58: July 10 to March 15, given no
Q59: Use exact interest:<br> <span class="ql-formula"
Q60: The number of days between Aug. 9