A $3000 loan at 11% was made on March 1. Two payments of $1000 each were made

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A $3000 loan at 11% was made on March 1. Two payments of $1000 each were made on May 1 and June 1. What payment on July 1 will pay off the loan?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Sep 21, 2024 08:01 AM

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A $3000 loan at 11% was made on March 1. Two payments of $1000 each were made on May 1 and June 1. What payment on July 1 will pay off the loan?
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A $3000 loan at 11% was made on March 1. Two payments of $1000 each were made

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Business Mathematics In Canada

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