Annie's cafe borrows $7,800 at 5% for 260 days. Find the total amount that must be repaid after 260 days. (Use a 360 day year.) Assume that simple interest is being calculated. Round your answer to the nearest cent. O A. $8,190.00 O B. $10,616.67 OC. $8,081.67 O D. $7,828.17
Annie's cafe borrows $7,800 at 5% for 260 days. Find the total amount that must be repaid after 260 days. (Use a 360 day year.) Assume that simple interest is being calculated. Round your answer to the nearest cent. O A. $8,190.00 O B. $10,616.67 OC. $8,081.67 O D. $7,828.17
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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