ebarden0321 ebarden0321

01-10-2021
Mathematics

contestada

PLEASE HELP AND HELP ME UNDERSTAND THIS PROBLEM
I decided to take out a 90 day, simple interest loan on March 11th for $2500 with an annual interest rate of 7%. On April 10th, I made a partial payment of $1000.

A. When is my loan due?

B. How many days passed before I made my partial payment?

C. What is the amount of interest that I owed when I made my partial payment?

D. What is the total amount that I had to pay the bank when my loan was due?

Respuesta :

romtwito62 romtwito62

01-10-2021

Answer:

A

Step-by-step explanation:

Because It it the most accurate

I hope this helps! :)(

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