ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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am. 112.

on july 10, 2005, wendy chapman borrowed dollar 12,000 from her aunt nelda.if
wendy agreed to pay a 9% annual rate of interest, calculate the dollar of interest
she must pay if the loan is for 1 year.Answer in 2 decimal places, without currency.
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Transcribed Image Text:on july 10, 2005, wendy chapman borrowed dollar 12,000 from her aunt nelda.if wendy agreed to pay a 9% annual rate of interest, calculate the dollar of interest she must pay if the loan is for 1 year.Answer in 2 decimal places, without currency.
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