A few days ago
the bank loans you 6000.00 at 12% interest for 6 months.find the total due?
the bank loans you 6000.00 at 12% interest for 6 months.find the total due?
Top 7 Answers
A few days ago
Favorite Answer
twelve per cent!!! I wouldn’t do business at that bank LOLOL.
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A few days ago
6,000 x .12 x 6/12 plus the original 6,000.
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A few days ago
6000 * .12 * .5 = INTEREST DUE
Then you need to add that back into the original principle…
$6,360 is the correct answer.
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A few days ago
For interest compounded monthly its $6369
For simple interest its $6360
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A few days ago
6000 * .12 * 6 + 6000=answer
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A few days ago
Depends on the type of interest. But from your info, I would say $6,720.
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A few days ago
Simple interest or compounded?
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