You take out a 5 month, $6,000 loan at 8% annual simple interest. How much would you owe at the end of the 5 months (in dollars)? (Round your answer to the nearest cent.) Compute the simple interest...

You take out a 5 month, $6,000 loan at 8% annual simple interest. How much would you owe at the end of the 5 months (in dollars)? (Round your answer to the nearest cent.)

Compute the simple interestINT for the specified length of time and the future valueFV at the end of that time (in dollars). Round all answers to the nearest cent.

$14,500 is invested for 5 months at 7% per year.

INT=

FV=

Jun 03, 2022

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You take out a 5 month, $6,000 loan at 8% annual simple interest. How much would you owe at the end of the 5 months (in dollars)? (Round your answer to the nearest cent.) Compute the simple interest...

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