Asked by Brianna
What are the proceeds for a discounted loan for $300 repaid in 8 months at 17%?
Answers
Answered by
Henry
P = Po - Po*r*t
P = 300 - 300*(0.17/12)*8 = $266.
P = 300 - 300*(0.17/12)*8 = $266.
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.