Lucky Champ owes $160.65 interest on a 6% loan he took out on his March 17 birthday to upgrade an oven in his Irish rest

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answerhappygod
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Lucky Champ owes $160.65 interest on a 6% loan he took out on his March 17 birthday to upgrade an oven in his Irish rest

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Lucky Champ owes $160.65 interest on a 6% loan he took out onhis March 17 birthday to upgrade an oven in his Irish restaurant,Lucky's Pub and Grub. The loan is due on August 17. What is theprincipal? (Use Days in a year table.) (Use 360 days a year. Do notround intermediate calculations.)
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