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Suppose you take out a margin loan for $60,000. The rate you pay is an effective rate of 8.6 percent. If you repay the loan in six months, or 180 days, how much interest will yo…

Suppose you take out a margin loan for $60,000. The rate you pay is an effective rate of 8.6 percent. If you repay the loan in six months, or 180 days, how much interest will yo…
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Suppose you take out a margin loan for $60,000. The rate you pay is an effective rate of 8.6 percent. If you repay the loan in six months, or 180 days, how much interest will you pay?

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User Lassana
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4 votes
9,288 is the answer that i’ve gotten
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User Jwhitlock
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