512.60 divided by 365 days=1.4043835 X 261 days (8 months + 18 days) =366.54409 X 7.00%= 25.658086 or 25.66 interest. 512.60+25.66= 538.26 I started with Jan.
The answer is 1200.00 dollars in interest on that loan of 20000.00 for 50 days at 6 percent interest.
$367.20
42% of eight months is 3.36 months or three months and 11 days.
5.92
512.60 divided by 365 days=1.4043835 X 261 days (8 months + 18 days) =366.54409 X 7.00%= 25.658086 or 25.66 interest. 512.60+25.66= 538.26 I started with Jan.
32
The simple interest on a 525 loan at the rate of 4.5 percent for 60 days is 3.9375.
40.8 months or 85 x 14.61 ie 1241.85 days
Depends on the principal!
[{(3200*6)/100}/365]*60
146.20
109.5 days, 109 days and 12 hours , approximately 3 months, 19 days and 12 hours