jordyno jordyno

17-12-2018
Mathematics

contestada

What is the interest due at maturity for a $1800 note borrowed for 2.5 years at a rate of 14.0%

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chrissycherry chrissycherry

17-12-2018

This is a hard question good luck

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jframe2001 jframe2001

17-12-2018

Formula is A=P(1+rt)
A=1800(1+(.14)(2.5))
A=2430
so your interest due would be $630

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