Question: Solve step by step please Select the correct answer, explain What interest will produce a capital of $ 59,000.00 in 1 year 4 months at

Solve step by step pleaseSolve step by step please Select the correct answer, explain What interest

Select the correct answer, explain What interest will produce a capital of $ 59,000.00 in 1 year 4 months at 21.5% per year? A. $ 14,333.33 B. $ 13,433.33 C. $ 13,580.00 D. $ 14,530.00 Select the correct answer, explain What interest will produce a capital of $ 59,000.00 in 1 year 4 months at 21.5% per year? A. $ 14,333.33 B. $ 13,433.33 C. $ 13,580.00 D. $ 14,530.00

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!