Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 399 Weeks Ago, 1 Day Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 16 Feb 2018 My Price 3.00

rate of simple interest

1. How much will the interest be on a loan of $2,350 at a simple interest of 7% for 6 months?

2. If a loan of $5,750 is taken out at a simple interest of 5.25% for a year and a half, how much interest will the borrower pay?

3. At what rate of simple interest would a loan of $3,000 be taken for 2 years if the total interest is $375?

4. At what rate of interest would Janet take out a loan of $13,000 for 3.5 years if she pays $4,322 in interest?

 

Answers

(5)
Status NEW Posted 16 Feb 2018 04:02 PM My Price 3.00

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