A loan for $2,500 with a simple annual interest rate of 16% was made on April 18th and was due on June 28. Find the ordinary interest.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.7: Simple And Compound Interest
Problem 15E
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Question
2
A loan for $2,500 with a simple annual interest rate of 16% was
made on April 18th and was due on June 28. Find the ordinary
interest.
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Transcribed Image Text:2 A loan for $2,500 with a simple annual interest rate of 16% was made on April 18th and was due on June 28. Find the ordinary interest. N 2 1 S T W #3 E H D $ 4 R F I % 5 T X C V MacBook Pro ^ 6 G Hey Y & 7 * 00 BN 8 H | J I'm I ( 9 M ( 0 KL < I E comm
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