Ask your own question, for FREE!
Mathematics 13 Online
OpenStudy (anonymous):

A biulding contractor gives a $15,000 prommissory note to a plumber who has loaned him $15,000. The loan is due in 8 months with a simple interest rate at 7%. Three months after the loan is signed, the plumber sells it to the bank. If the bank gets a 9% return on its investments, how much will the plumber recieve?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
breiadabrattz: I thought C on this..
8 hours ago 39 Replies 2 Medals
breiadabrattz: I really don't understand this .
9 hours ago 14 Replies 0 Medals
gelphielvr: How can I better memorize phrases in a different language?
3 hours ago 5 Replies 0 Medals
Breathless: Breathless Gang (join the cult)
11 hours ago 1 Reply 0 Medals
gelphielvr: What are some interesting careers in nanotechnology?
14 hours ago 2 Replies 0 Medals
gelphielvr: What was Hoover's POV on the Great Depression?
15 hours ago 5 Replies 3 Medals
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!