A contractor borrows $65,750 at a rate of 5.5% per annum. What is the monthly interest on this loan?
What will be an ideal response?
$301.35
Trades & Technology
You might also like to view...
Warm-season grasses go dormant when temperatures go below _____ degrees Fahrenheit
a. 50 c. 60 b. 40 d. 32
Trades & Technology
The antigen receptor on B cells belongs to which class of antibodies or immunoglobulins?
a. IgD c. IgG b. IgE d. IgM
Trades & Technology
If you were to take out a $10,000 student loan for 5 years, and promise to pay 4% interest compounded annually, how much interest would you pay?
What will be an ideal response?
Trades & Technology
Wheels are constructed of all of the following materials EXCEPT:
A. Steel. B. Plastic. C. Aluminum. D. Magnesium
Trades & Technology