Simple Interest: Borrow $40,000 at 9% on a 270 day loan. Calculate the

Simple Interest 6. Borrow $40,000 at 9% on a 270 day loan.  Calculate the simple interest. 7. Borrow $20,000 at 8% on a 90 day loan.  Calculate the simple interest. 8. Borrow $10,000 at 6% on a 40 month loan.  Calculate the simple interest. 9. Borrow $5,000 at 10% on a 28 month loan.  Calculate […]