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Use the ordinary interest method to find the rate of interest that Make Over Picture Photo pays on a loan of $8,000 for 275 days,
Use the ordinary interest method to find the rate of interest that Make Over Picture Photo pays on a loan of $8,000 for 275 days, if the amount of interest is $510.00. (Round your answer to the nearest tenth percent.) O 7.1% O 8.0% 8.1% 08.3% DETAILS BRECMBC9 10.11. TB.023 MY NOTES ASK YOUR TEACHER Suppose you take out a loan for $6.000, at 12% ordinary interest. If the amount of interest is $642, what is the time period? (Round any fraction to the next higher day.) 313 days 317 days 321 days 325 days Myerson borrowed $8,500 at 8% ordinary interest for 200 days. After 140 days, he made a partial payment of $5,000. What is the final amount due on the loan? $3,386.67 $3,655.56 $3,677.78 $3,814.64 20. DETAILS BRECMBC9 11.1.TB.011. MY NOTES ASK YOU Manually calculate the compound interest on an investment of $7,500 at 12% interest, compounded semiannually, for 18 months $1,350.00 $1,389.75 51.432.62 58,932.65
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