Determine the interest due on an $85,000 short-term loan, with a term of 300 days and a

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Determine the interest due on an $85,000 short-term loan, with a term of 300 days and a simple interest rate of 8%.

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Construction accounting and financial management

ISBN: 978-0135017111

2nd Edition

Authors: Steven j. Peterson

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Question Posted: Mar 27, 2013 06:53 AM

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Determine the interest due on an $85,000 short-term loan, with a term of 300 days and a

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Principal Amount 85000 Term Time 300 days Interest ...View the full answer

Construction accounting and financial management

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