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kathyanna
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Kristi Yang borrowed $15,000. The term of the loan was 90 days, and the annual simple interest rate was 7.4%. Find the simple interest due on the loan.
 one year ago
 one year ago
kathyanna Group Title
Kristi Yang borrowed $15,000. The term of the loan was 90 days, and the annual simple interest rate was 7.4%. Find the simple interest due on the loan.
 one year ago
 one year ago

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kathyanna Group TitleBest ResponseYou've already chosen the best response.1
I have multiply like this 15000*7.4*90/365 in 3different calculators and is always different the answer
 one year ago

estudier Group TitleBest ResponseYou've already chosen the best response.1
I get that to be 273.70 (I usually don't answer these questions because I never know whether it should be 90/365 or 90/360)
 one year ago

kathyanna Group TitleBest ResponseYou've already chosen the best response.1
it is 90/365
 one year ago
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