Mathematics: 14. a $40,000 loan at 4% dated june 10 is due to be paid on october 11. calculate the amount of interest (assume ordinary interest). a. $2,500.00 b. $503.00 c. $105.33 d. $546.67

14. a $40,000 loan at 4% dated june 10 is due - id14400004104484494, whocares1819

Ответ:

briizy

14.01.2022

Hi there:-)
From June 10 to October 11
20+31+31+30+11=123 days
Since the interest is ordinary 360 days in a year
The simple interest formula is
I=prt
I=40,000×0.04×(123÷360)
I=546.67...answer

Hope it helps

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Ответ:

kidpryo1

02.05.2022

Mathematics

x = -9

Step-by-step explanation:

5x + 8 - 3x = -10

Combine like terms

2x + 8 = -10

Subtract 8 from each side

2x = -18

Divide each side by 2

x = -9

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14. a $40,000 loan at 4% dated june 10 is due to be paid on october 11. calculate the amount of interest (assume ordinary interest).

a. $2,500.00
b. $503.00
c. $105.33
d. $546.67

Ответ:

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