Celeste Nossiter borrowed $5600 from her father to buy a used car. She repaid him after 10 months, at an annual interest rate of 6.4%. Find the total amount she repaid. How much of this amount is interest? The total amount she repaid is $ Of this amount, $ (Round to the nearest cent as needed.) of it is interest.
Celeste Nossiter borrowed $5600 from her father to buy a used car. She repaid him after 10 months, at an annual interest rate of 6.4%. Find the total amount she repaid. How much of this amount is interest? The total amount she repaid is $ Of this amount, $ (Round to the nearest cent as needed.) of it is interest.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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