5-month, $7,000 loan at 8% annual simple interest?

3 Answers

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  • Clive
    Lv 7
    3 weeks ago

    Did you have a question?

  • 3 weeks ago

    No, thank you. *****

  • Kevin
    Lv 4
    3 weeks ago

    7000x.08 divide by 12 to get monthly rate, times 5 months

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