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atlanta2188
Mar 24, 2007, 12:38 PM
Calculate the interest at 6% on $750.00 for 60 Days

CaptainForest
Mar 24, 2007, 02:54 PM
We will NOT do your homework for you.

Post what YOU think the answers are, and then we will help you.

If you make NO effort, we will make NO effort in answering your questions.

jakester
Jul 16, 2008, 08:15 AM
atlanta2188 -

very simple using standard 365 day:

$750 * 6% * (60/365) = $7.40

or if using a 360 day calendar year:

$750 * 6% * (60/360) = $7.50

949
Jul 17, 2008, 01:09 AM
+1 for jakester answer.

morgaine300
Jul 20, 2008, 12:07 AM
Sigh.