Question
Jean borrowed $5,694.00 from her parents to finance a vacation. If simple interest was charged on the loan at 11.09%p.a., how much interest would she
Jean borrowed $5,694.00 from her parents to finance a vacation. If simple interest was charged on the loan at 11.09%p.a., how much interest would she have to pay in 120 days?
The interest charged would be $ ?
(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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Calculus With Applications, Version
Authors: Margaret L Lial, Raymond N Greenwell, Nathan P Ritchey
10th Edition
032183111X, 9780321831118
