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A new business borrows $320,000

correct answer is?For the following situation, identify the interest and the APR. A small business borrows $40,000 at 5%
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2. asked by Kshultz32
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if a business borrows $16,000 and repays $25,800 in 5 years, what is the simple interest rate
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2. asked by Anonymous
3. 426 views
If a business borrows $18,000 and repays $24,300 in 4 years, what is the simple interest rate?
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2. asked by Daniel
3. 456 views
If a business borrows $16,000 and repays $27,000 in 5 years, what is the simple interest rate?1 %
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2. asked by Anonymous
3. 517 views
If a business borrows $20,000 and repays $36,200 in 6 years, what is the simple interest rate?
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2. asked by Anonymous
3. 470 views
If a business borrows $18,000 and repays $20,700 in 3 years, what is the simple interest rate?
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2. asked by Anonymous
3. 767 views
If a business borrows $16,000 and repays $29,200 in 6 years, what is the simple interest rate?1 %
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2. asked by Anonymous
3. 463 views
If a business borrows $16,000 and repays $29,200 in 6 years, what is the simple interest rate?1 %
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2. asked by Anonymous
3. 425 views
If a business borrows $20,000 and repays $30,800 in 4 years, what is the simple interest rate?
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2. asked by doris
3. 431 views
If a business borrows $15,000 and repays $20,700 in 4 years, what is the simple interest rate?
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2. asked by sasha
3. 494 views