On March 03, 2020, Heather received a loan of $4000 at 8% p.a. simple interest. She settled

Question:

On March 03, 2020, Heather received a loan of $4000 at 8% p.a. simple interest. She settled the loan with interest of $276.16. Calculate the date of repayment.

AppendixLO1

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

Question Posted: