What was the annual rate of simple interest charged

Reference no: EM133654925

Question: On September 26, 2010, Morgan received $7,750 from his father. He settled this amount on March 6, 2011 with interest of $146.19. What was the annual rate of simple interest charged for this loan?

Reference no: EM133654925

Questions Cloud

Which things do employee need to prove to be able to claim : Select all that apply In addition to the fact that the Americans. Which things do an employee need to prove to be able to claim disability discrimination?

Give an introduction of apple as well as market proposition : Give an introduction of Apple as well as market proposition; make analysis on current sales and marketing relationship and add the proposition.

What charge for bad and doubtful debts is required in 2020 : what charge for bad and doubtful debts is required in 2020 to bring the lending provisions to a desired level of $100 million at the end of 2020?

What type of social media metric : Starbucks gave "The Real PSL" social media followers a chance to be texted a pass that could be shown. This is an example of what type of social media metric?

What was the annual rate of simple interest charged : On September 26, 2010, Morgan received $7,750 from his father. He settled this amount on March 6, 2011 with interest of $146.19. What was the annual rate

Guidelines related to ed documentation : As the HSIM directors, the medical staff by-laws are checked, and it is found that there are no specific guidelines related to ED documentation

What are a business manager capabilities : What is a business manager? What are a business manager capabilities? What do I care about or stand for? Where am I headed? What do I want?

What entry should alpha corporation make on december 31 : On December 31, two-third of the work was substantially completed, but no payment was received. What entry should Alpha Corporation make on December 31

What level of honesty do you think we should expect : What level of honesty do you think we should expect from anyone selling a used car? Do you expect this standard from yourself?

User Account

All Pages