8. A loan of $6000 made at 11% per annum on March 10 is repaid in full on November 15,Payments were made of $2000 on June 30 and $2500 on September 5. What was the finalpayment?[3] About the author Emery
Answer: 1360 is the correct answer… Step-by-step explanation: 11% of 6000 = 660 6000+660=6660 money paid = 2500+2500=5000 loan – paid = final payment to pay 6660-5000=1660$ Reply
Answer:
1360 is the correct answer…
Step-by-step explanation:
11% of 6000 = 660
6000+660=6660
money paid = 2500+2500=5000
loan – paid = final payment to pay
6660-5000=1660$