Richard Davis, Owns a Butcher and Grilling Supply Store

question 43

Short Answer

Richard Davis, owns a butcher and grilling supply store. Richard borrows $7,500 for 150 days at 8% ordinary simple interest. What total will Richard need to repay for both interest and principal? (Use a 360-day year.)​

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Definitions:

Fuel Love

An expression suggesting that certain actions or behaviors can intensify or sustain romantic feelings between individuals.

Ups And Downs

A phrase describing the positive and negative events or periods experienced in life or a particular situation.

Romantic Love

A deep emotional and affectionate attachment to a partner, often characterized by passion, intimacy, and commitment.

Lose Passion

The diminishing interest or enthusiasm in activities or subjects that once were engaging or exciting.