What is the amount repaid

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Reference no: EM13914859

A loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid ifa) The loan is due in seven months;b) The loan was taken out on April 7 and is due in seven months?

Reference no: EM13914859

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What is the amount repaid : A loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid ifa) The loan is due in seven months;b) The loan was taken out on April 7 and is due in seven months?

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