How much interest was paid on a $1500 loan for 7 months at an annual interest rate

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How much interest was paid on a $1500 loan for 7 months at an annual interest rate of 2.5%?

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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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How much interest was paid on a $1500 loan for 7 months at an annual interest rate

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Amount borrowedp 1500 Rate of interest 25 002...View the full answer

Fundamentals Of Business Mathematics In Canada

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