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olganol [36]
3 years ago
9

A supplier charges 15% interest on past-due amounts. Interest on a $512 account is $10.52. For how many days must the count have

been overdue assuming the supplier uses a 365-day year?
Business
1 answer:
labwork [276]3 years ago
4 0

Answer:

For how many days must the count have been overdue assuming the supplier uses a 365-day year? 50 days

Explanation:

ACCOUNT         512  

% Interest           15%  

Annual interest 76,8  

   

 76,8         365

 10,52 x

   

X=50 days  

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Explanation:

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3 years ago
The Goodsmith Charitable Foundation, which is tax-exempt, issued debt last year at 8 percent to help finance a new playground fa
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