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Author Question: A fresh produce wholesaler shipped 247.8 pounds of apples, 166.3 pounds of pears, and 109.7 pounds ... (Read 694 times)

cookcarl

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on: Jun 24, 2018
A fresh produce wholesaler shipped 247.8 pounds of apples, 166.3 pounds of pears, and 109.7 pounds of plums to three small neighborhood grocery stores. What was the total weight of the fruit shipped?

Question 2

Nathan Edwards borrowed 2,500 for 60 days to buy new clothes after an apartment fire. From his insurance proceeds, Nathan repaid a total of 2,531.25, principal and interest. Compute the ordinary simple interest rate (360-day year) that was charged. (To nearest 1/10 of a percent.)


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gasdhashg

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Reply #1 on: Jun 24, 2018
Answer to Question 1

247.8 + 166.3 + 109.7 = 523.8 pounds

Answer to Question 2

I = 2,531.25 - 2,500 = 31.25; R = I  (PT) = 31.25  (2,500  60/360) = 0.075 = 7.5


cookcarl

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

billybob123

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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