On April 5, 2019, Janeen Camoct took out an 7.75% loan for $22,000. The loan is due March 9, 2020. Use ordinary interest to calculate the interest. What total amount will Janeen pay on March 9, 2020?...


On April 5, 2019, Janeen Camoct took out an 7.75% loan for $22,000. The loan is due March 9, 2020. Use ordinary interest to calculate<br>the interest.<br>What total amount will Janeen pay on March 9, 2020? (Ignore leap year.) (Use Days in a year table.) (Do not round intermediate<br>calculations. Round your answer to the nearest cent.)<br>Maturity value<br>< Prev<br>8 of 14<br>Next ><br>

Extracted text: On April 5, 2019, Janeen Camoct took out an 7.75% loan for $22,000. The loan is due March 9, 2020. Use ordinary interest to calculate the interest. What total amount will Janeen pay on March 9, 2020? (Ignore leap year.) (Use Days in a year table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Maturity value < prev="" 8="" of="" 14="" next="">

Jun 11, 2022
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