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I have a loan made april 5th, face value 8500 length 90 days, simple interest 8%, discount May 3. what is the discount?
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do you just need to see how to do it
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Please I just cant figure out how to get the discount, thank you
I have a loan made april 5th, face value 8500 length 90 days,
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Date loan was
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Find the simple interest on this loan. Assume 365 days in a year.
$5367 at 5%; loan made on August 19th and due December
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the total amount of interest on this loan of $6000 for 150 days is $210.50.
what is the rate of interest on this loan? If not
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