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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%
1 answer
asked by
Kshultz32
71 views
if a business borrows $16,000 and repays $25,800 in 5 years, what is the simple interest rate
1 answer
asked by
Anonymous
443 views
If a business borrows $18,000 and repays $24,300 in 4 years, what is the simple interest rate?
1 answer
asked by
Daniel
476 views
If a business borrows $16,000 and repays $27,000 in 5 years, what is the simple interest rate?
1 %
1 answer
asked by
Anonymous
538 views
If a business borrows $20,000 and repays $36,200 in 6 years, what is the simple interest rate?
1 answer
asked by
Anonymous
488 views
If a business borrows $18,000 and repays $20,700 in 3 years, what is the simple interest rate?
1 answer
asked by
Anonymous
778 views
If a business borrows $16,000 and repays $29,200 in 6 years, what is the simple interest rate?
1 %
1 answer
asked by
Anonymous
482 views
If a business borrows $16,000 and repays $29,200 in 6 years, what is the simple interest rate?
1 %
1 answer
asked by
Anonymous
443 views
If a business borrows $20,000 and repays $30,800 in 4 years, what is the simple interest rate?
2 answers
asked by
doris
450 views
If a business borrows $15,000 and repays $20,700 in 4 years, what is the simple interest rate?
1 answer
asked by
sasha
512 views