Short Answer
The amount required to pay off a $3500 loan at 8.4% was $3646.60. What was the term (in days) of the loan?
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q8: Calculate the missing value: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9643/.jpg" alt="Calculate
Q9: On June 26 Laura put $2750 into
Q10: On June 26, 2011, $1000 was borrowed
Q11: What was the term of a $4850
Q12: Calculate the amount of interest that would
Q14: Calculate the simple interest rate at which
Q15: Determine a) whether the earlier or later
Q16: An $85,000 investment earned a 6.9% rate
Q17: The interest paid on an 11-month loan
Q18: Calculate the equivalent value of the scheduled