Two equal payments, 50 days and 150 days after the date of the loan, paid off a

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Two equal payments, 50 days and 150 days after the date of the loan, paid off a $3000 loan at 10 ¼ %. What was the amount of each payment?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 07:06 AM

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Two equal payments, 50 days and 150 days after the date of the loan, paid off a

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Let x represent the size of each loan p...View the full answer

Business Mathematics In Canada

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