Mathematics, 16.07.2019 21:00 tyw3366812778
You borrow $30,000 at 9.5% simple interest for 120 days. the terms of the loan use a 365 day year. 1)how much interest will you owe on the maturity date? 2)if you pay the loan off early on day 85, how much interest will you owe? 3) a)you make a $10,000 payment on day 30. find the new balance after making the payment. b)you pay the balance off on day 85.find the final payment.(10 points
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You borrow $30,000 at 9.5% simple interest for 120 days. the terms of the loan use a 365 day year. 1...
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