Ask your own question, for FREE!
Mathematics 20 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
HeyItsAlicia: Mits midnight!!! Happy 16th bday to me !!
26 minutes ago 5 Replies 2 Medals
XShawtyX: Art
3 hours ago 1 Reply 1 Medal
RAVEN69: My drawing so far is actually fire
1 week ago 9 Replies 2 Medals
PureSoulless: is staying at your friend's house while you're homeless legal.
2 weeks ago 5 Replies 1 Medal
whyjustwhy: i did that one TV girl trend with blake (aka @ShadowKid3)
1 week ago 12 Replies 2 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!