Mathematics, 22.09.2021 04:20 madisontrosclair2
Jose took out a loan for $8000 and was charged simple interest at an annual rate of 8.5%.
The total Interest he paid on the loan was $136.
How long was the loan for, in days?
Assume that there are 365 days in a year, and do not round any intermediate computations.
If necessary, refer to the list of financial formulas.
Answers: 3
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Jose took out a loan for $8000 and was charged simple interest at an annual rate of 8.5%.
The tota...
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