This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How much interest will have to be paid on a loan of $50,423 for 18 months at a simple interest rate ... (Read 596 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
on: Feb 26, 2020
How much interest will have to be paid on a loan of $50,423 for 18 months at a simple interest rate of 12.2% per year?
◦ $9304.95
◦ $8714.78
◦ $9740.04
◦ $9227.41
Business Math ¦ Cleaves, Hobbs, Noble ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Mollykgkg on Feb 26, 2020

FergA

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Feb 26, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


Madison Rabe

  • Newbie
  • *
  • Posts: 4
Reply #2 on: Nov 1, 2022
thank you
« previous next »
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Everyone has one nostril that is larger than the other.

Temperature Changes on Heart Rate Temperature Changes on Heart Rate
The Five-Highest Paid CEOs The Five-Highest Paid CEOs
How to convert units of any rate to another (Part 2) How to convert units of any rate to another (Part 2)
An infant begins to notice the external environment by the age of 4 to 8 months An infant begins to notice the external environment by the age of 4 to 8 months
Rola Inc. borrowed $42 000.00 at 7% compounded semi-annually. The loan is repaid by payments of ... Rola Inc. borrowed $42 000.00 at 7% compounded semi-annually. The loan is repaid by payments of ...
Determine the nominal annual rate of interest of the following ordinary general annuity. Determine the nominal annual rate of interest of the following ordinary general annuity.
Video: Fertilization and Development

For a complete list of videos, visit our video library