Asked by Paper
The owners of a marina bought 8 canoes to be used as rentals at a cost of $800 per canoe. They borrowed 70% of the total cost for 7 months at 12 1/2% interest. Find the amount due using simple interest.
The amount due is $:
(Round to the nearest cent as needed.)
Like I mention on the other questions I’ve asked I don’t want the answer I just need some help getting there and how to get there I will post the answer for others after if it is correct.
The amount due is $:
(Round to the nearest cent as needed.)
Like I mention on the other questions I’ve asked I don’t want the answer I just need some help getting there and how to get there I will post the answer for others after if it is correct.
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