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
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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