A community for students.

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

anonymous

  • 5 years ago

can someone help me with this problem...mortgage payment $740 for being 59 days late bank charged $15.00. what was the rate of interest charged by the bank assuming simple interest. round to nearest hundredth.

  • This Question is Closed
  1. shadowfiend
    • 5 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    I believe what you want is what percentage of 740 is 15. Do you know how to find that out?

  2. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.