Solved

To Buy a House, Noah Borrowed $24 710 from the Bank

Question 106

Essay

To buy a house, Noah borrowed $24 710 from the bank. If interest was charged on the loan at a 0.84% simple interest rate p.a. how much interest would Noah have to pay after 145 days?

Correct Answer:

verifed

Verified

P = $24710; r = 0.84...

View Answer

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

Related Questions