Valorie L.

asked • 02/14/13

word problem

jennifer borrows 20,900 from her bank to open a flower shop. she agrees to repay in 18 months with simple annual interest of 10.4%.

A) how much must she pay the bank in 18mos

B) how much of the amount in part (a) is interest

1 Expert Answer

By:

Tamara J. answered • 02/14/13

Tutor
4.9 (51)

Math Tutoring - Algebra and Calculus (all levels)

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.