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JoAnn gets a 6.5% $1,300 loan on October 25, 2007. If JoAnn repays the money on April 18, 2008 (a leap year), how much interest
JoAnn gets a 6.5% $1,300 loan on October 25, 2007. If JoAnn repays the money on April 18, 2008 (a leap year), how much interest does she owe? Assume the lender uses a 365-day year.
| a | $40.51 | |
| b | $40.28 | |
| c | $40.75 | |
| d | $40.98 |
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Faith And Finance
Authors: Jim Palmer
1st Edition
0979635624, 9780979635625
