Quiz 7: Simple Interest

Business

P = 7000; r = 0.055; t = img I = 7000(0.055) img = $160.42

P = 9000; r = 0.09; t = img I = (9000)(0.09) img = $270.00

The number of days is 2 + 28 + 31 + 30 + 19 = 110 days