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Calculating Interest THE QUESTIONS THAT ARE IN BOLD ARE THE ONES I AM STUCK ON. THERE ARE ONLY 3 TO BE ANSWERED Using 360 days
Calculating Interest
THE QUESTIONS THAT ARE IN BOLD ARE THE ONES I AM STUCK ON. THERE ARE ONLY 3 TO BE ANSWERED
Using 360 days as the denominator, calculate interest for the following notes using the formula I = P R T. If required, round your answers to the nearest cent.
Principal Rate Time Interest$
5,100 6.00% 30days $
1,000 7.50 60 $12.50
3,900 8.00 120 $
950 6.80 95 $17.05
1,250 7.25 102 $25.68
2,800 7.00 90 $
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