1. Limited time only! Sign up for a free 30min personal tutor trial with Chegg Tutors
    Dismiss Notice
Dismiss Notice
Join Physics Forums Today!
The friendliest, high quality science and math community on the planet! Everyone who loves science is here!

Homework Help: Need some help!

  1. Sep 14, 2004 #1
    7. John borrowed $1,000.00 discounted at 10% for six months.

    7a. How much did he receive when the loan was made?

    7b. What annual rate of interest is he paying for the money actually received?
    Last edited: Sep 14, 2004
  2. jcsd
  3. Sep 14, 2004 #2
    re: I edited the problem...

    I edited the problem, everything should read correctly now..
Share this great discussion with others via Reddit, Google+, Twitter, or Facebook