i love finance

[logistic_guy]

Sarah loaned Andrew \(\displaystyle \$ 12,375\) for \(\displaystyle 6\) months. Andrew paid back \(\displaystyle \$ 12,500\). How much interest did he pay?

 

[jonah2.0]

Beer drenched reaction follow.

Sarah loaned Andrew \(\displaystyle \$ 12,375\) for \(\displaystyle 6\) months. Andrew paid back \(\displaystyle \$ 12,500\). How much interest did he pay?

Today's logistic_guy I love finance problem was brought to you by letters s, i, l, l, and y.

 

[khansaheb]

Andrew $12,375\displaystyle \$ 12,375$12,375 for 6\displaystyle 66 months. Andrew paid back $12,500\displaystyle \$ 12,500$12,500.

How much was "carry-over" or Balance from "previous bill"?

 

[The Highlander]

Beer drenched reaction follow.


Today's logistic_guy I love finance problem was brought to you by letters s, i, l, l, and y.

lmao.

This would be a better avatar for him too!

(Rather than the one he stole from Levy Rozman aka Gotham Chess)