A 6-month loan of $5000 at 6% interest would require an interest payment of : - 4455

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UoPExpert

UoPExpert

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Price: $1.30
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  • Posted on: Wed 28 Mar, 2012
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Request Description

A 6-month loan of $5000 at 6% interest would require an interest payment of : 

a. $900 

b. $600 

c. $300 

d. $150 

Solution Description

A 6-month loan of $50