This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is NOT a step in finding the interest from a simple interest table? A) Divide ... (Read 34 times)

jerry coleman

  • Hero Member
  • *****
  • Posts: 570
Which of the following is NOT a step in finding the interest from a simple interest table?
 A) Divide the principal by 100 to find the number of hundreds in the principal.
  B) Find the value in the table corresponding to the appropriate interest rate and time.
  C) Multiply the value from the table by the number of hundreds in the principal.
  D) Subtract the value from the table from the calculated interest.

Question 2

How many days are considered to be in a year according to the ordinary interest method?
 A) 365
  B) 366
  C) 360
  D) 355



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rleezy04

  • Sr. Member
  • ****
  • Posts: 322
Answer to Question 1

D

Answer to Question 2

C




jerry coleman

  • Member
  • Posts: 570
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

For a complete list of videos, visit our video library