Solved

Carry the Answer to Two Decimal Places

Question 25

Short Answer

Carry the answer to two decimal places. A contractors note, given 2 years 9 months ago for $856.25 and bearing an 8% interest rate per annum, is paid in full. What is the total amount of interest charged? Round to the correct cent.

Correct Answer:

verifed

Verified

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

Related Questions

Q16: Carry the answer to two decimal places.

Q17: Carry the answer to two decimal places.

Q18: Carry the answer to two decimal places.

Q19: Carry the answer to two decimal places.

Q20: When mixing a quantity of electrolyte for

Q21: A contractor borrows $750 at 12% interest

Q22: Carry the answer to two decimal

Q23: Carry the answer to two decimal places.

Q24: Carry the answer to two decimal places.

Q26: Carry the answer to two decimal places.