QuickHelper

(10)

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About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 352 Weeks Ago, 5 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Engineering Posted 15 Sep 2017 My Price 7.00

Consumer math question

Question #1 – Simple Interest
Jack borrowed money to finance his new business. Private investors offered Jack $28,000 of the $35,000 he needed.  To make up the difference, Jack secured a small business, simple interest loan. Jack’s loan was structured as an installment loan and required him to pay $297.50/month for 30 months. Calculate the amount financed, total installment price, the finance charge, and the interest rate.

The calculations on how each answer was reached must be provided!!!

Answers

QuickHelper
(10)
Status NEW Posted 15 Sep 2017 05:09 PM My Price 7.00

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