Mathematics, 18.03.2021 03:30 skinniestoflegends
On April 3, the Mears Flag Company borrowed $19,000 to pay for start-up costs for its new Showroom.
The loan had a simple interest rate of 9.75% and was for 230 days. The company was able to make
partial payments of $7000 on May 28 and $2500 on October 12. How much will the company owe on
the date of maturity? Assume 360 days in a year.
-
The company will owe $ on the date of maturity.
(Round to the nearest cent as needed)
Answers: 3
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On April 3, the Mears Flag Company borrowed $19,000 to pay for start-up costs for its new Showroom....
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