carlene cal
This page lists questions and answers that were posted by visitors named carlene cal.
Questions
The following questions were asked by visitors named carlene cal.
1. Mr. Thimbrel borrowed $5,600 from the bank at 8.5% per annum simple interest for 6 years. Calculate: a) The sum of money paid in interest to the bank. b) The total amount of money repaid to the bank. c) The value of each monthly installment
3 years ago
Mr. Jackson borrowed $5340 from a bank at 9.5% per annum simple interest for 5 years. Determine: The total amount of money repaid to the bank
3 years ago
Answers
The following answers were posted by visitors named carlene cal.