« previous next »

Author Question: Suppose Paul Tram borrowed 15,000 at 9.12 for 120 days. If the bank uses exact simple interest, what ... (Read 36 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
on: Jun 24, 2018
Suppose Paul Tram borrowed 15,000 at 9.12 for 120 days. If the bank uses exact simple interest, what is the amount of interest?
 a. 427.30
 
  b. 429.25
 
  c. 449.75
 
  d. 437.27

Question 2

The objective in transportation problems is typically to:
 a. maximize profits
  b. maximize revenue
  c. minimize costs
  d. maximize feasibility


fur

  • Sr. Member
  • ****
  • Posts: 309
Reply #1 on: Jun 24, 2018
Answer to Question 1

c

Answer to Question 2

c


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

A simple motif, the β-α-β loop A simple motif, the β-α-β loop
KEEP IT SIMPLE! - Confused/Questions KEEP IT SIMPLE! - Confused/Questions
Development of the Eyes and Ears: External View - 28 days Embryo Development of the Eyes and Ears: External View - 28 days Embryo
Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ... Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ...
You deposit $2000 each year into an account earning 4% interest compounded annually. How much ... You deposit $2000 each year into an account earning 4% interest compounded annually. How much ...
Horned Puffin, St.Paul Island, Alaska. Horned Puffin, St.Paul Island, Alaska.
Video: Structures that affect circulation - heart and systolic/diastolic BP

For a complete list of videos, visit our video library