Hernandez Engineering borrows $6,500 , at 8 1/2 % interest, for 150 days. If the bank uses the ordinary method, how much interest ( in $ ) will the bank collect? ( round your answer to the nearest cent .)
Hernandez Engineering borrows $6,500 , at 8 1/2 % interest, for 150 days. If the bank uses the ordinary method, how much interest ( in $ ) will the bank collect? ( round your answer to the nearest cent .)
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section: Chapter Questions
Problem 430PT: Melinda deposited $5,985 in a bank account with an interest rate of 1.9%. How much interest was...
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Hernandez Engineering borrows $6,500 , at 8 1/2 % interest, for 150 days. If the bank uses the ordinary method, how much interest ( in $ ) will the bank collect? ( round your answer to the nearest cent .)
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