Register

A small business takes out a loan for $14,000 at 7%6 simple interest over the course of 4 years. What is the monthly payment? $291.67 $326.67 $373.33 $408.33

A small business takes out a loan for $14,000 at 7%6 simple interest over the course of 4 years. What is the monthly payment? $291.67 $326.67 $373.33 $408.33
81.7k views
0 votes
A small business takes out a loan for $14,000 at 7%6 simple interest over the course of 4 years. What is the monthly

payment?
$291.67
$326.67
$373.33
$408.33

User Worpet
by
8.6k points

1 Answer

5 votes
The answer is $408.33
User Hayat
by
8.4k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!