menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Mathematics
  3. Study Set
    Business Mathematics Study Set 1
  4. Exam
    Exam 6: Simple Interest
  5. Question
    Indira Paid Interest Charges of $169
Solved

Indira Paid Interest Charges of $169

Question 70

Question 70

Short Answer

Indira paid interest charges of $169.05 on a $4830 invoice that was two months overdue. What monthly rate of simple interest was she charged?

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q65: At what simple annual interest rate would

Q66: An $8,000 loan at an interest rate

Q67: A $10,000 loan made on January 1

Q68: The original $3,000 loan was advanced on

Q69: A 9-month term deposit, earning interest at

Q71: $180 is to be paid now. What

Q72: What amount paid on September 24 is

Q73: If the maturity value of an investment

Q74: What simple interest rate was used if

Q75: A payment of $590 is now 93

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines