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Elementary School: 1st and 2nd Grade
Math
Business Math 04 - Calculating Interest Per Day (Practice 2)
Solution
Q.1.
$55,000.00 at 7.25% for 1500 days.
0%
$1,638.69
0%
$16,368.68
0%
$1,638.70
0%
$16,386.99
Q.2.
$66,725.00 at 4.23% for 285 days.
0%
$2,203.85
0%
$2,023.58
0%
$2,032.85
0%
$2,038.25
Q.3.
$177,000.00 at 6.875% for 10,950 days.
0%
$365,062.50
0%
$356,026.05
0%
$356,206.50
0%
$365,602.05
Q.4.
$6,400.00 at 2.25% for 215 years.
0%
$89.42
0%
$89.24
0%
$84.82
0%
$84.28
Q.5.
$1,375.00 at 4.15% for 611 days.
0%
$905.52
0%
$95.52
0%
$59.92
0%
$599.20
Q.6.
$4,250.00 at 5.25% for 450 days.
0%
$265.09
0%
$270.09
0%
$275.09
0%
$280.09
Q.7.
$27,800.00 at 6.75% for 243 days.
0%
$1,429.29
0%
$1,942.92
0%
$1,249.29
0%
$1,294.92
Q.8.
$825.00 x 5.87% for 120 days.
0%
$16.29
0%
$15.29
0%
$16.92
0%
$15.92
Q.9.
$695.00 at 5.2% for 632 days.
0%
$56.29
0%
$66.95
0%
$59.62
0%
$62.58
Q.10.
$33,950.00 at 8.33% for 410 days.
0%
$3,716.07
0%
$3,176.70
0%
$3,617.70
0%
$3,671.07
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