Short Answer
$850 borrowed on January 7, 2008 was repaid with interest at an annual rate of 7% on July 1, 2008. What was the amount of interest?
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q79: How much interest could you earn over
Q80: Determine a) whether the earlier or later
Q81: Calculate the missing value: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9643/.jpg" alt="Calculate
Q82: Calculate the missing value: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9643/.jpg" alt="Calculate
Q83: Calculate the equivalent value of the scheduled
Q85: How much money would have to be
Q86: The interest paid at the end of
Q87: Calculate the equivalent value of the scheduled
Q88: The interest rate on a $3000 loan
Q89: $12,800 was invested in a 237-days term