Colleen loaned $1800 to her friend for 16 months at 8.25% simple interest. How much interest did

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Colleen loaned $1800 to her friend for 16 months at 8.25% simple interest. How much interest did her friend owe on the repayment date?

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Fundamentals Of Business Mathematics In Canada

ISBN: 9781259370151

3rd Edition

Authors: F. Ernest Jerome, Jackie Shemko

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Question Posted: Oct 16, 2020 03:58 AM

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Colleen loaned $1800 to her friend for 16 months at 8.25% simple interest. How much interest did

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Principal amount P 1800 Rate of interest R 825 per annum Time T 1...View the full answer

Fundamentals Of Business Mathematics In Canada

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