Question

$7000 at a rate of 8% if date of loan is September 20 how much interest will you pay back by January 20

Answer 1

Answer:

From September 20 to January 20, there are 4 months only which is equivalent to 1/3 of a year. The interest earned by the investment, P, made is calculated

Step-by-step explanation:

Answer 2

I did it not to you do the math I am in summer school I will be