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Author Question: Dion is supposed to pay Kristy $3500 on April 20, but delays the payment until July 1. What amount ... (Read 64 times)

leo leo

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on: Jun 6, 2019

Question 1

Sally put $9500 in term deposit on May 22. It matured on September 4 at $9588.82. What interest rate did she earn on the term deposit?

Question 2

Dion is supposed to pay Kristy $3500 on April 20, but delays the payment until July 1. What amount should Dion expect to pay on July 1, if Kristy can earn 8.25% on a low-risk investment?
◦ $3788.75
◦ $3557.75
◦ $3556.96
◦ $3500
◦ $3556.17
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
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Marked as best answer by leo leo on Jun 6, 2019

tmlewis4706

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Reply #1 on: Jun 6, 2019
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.
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leo leo

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Reply 2 on: Jun 6, 2019
YES! Correct, THANKS for helping me on my review

tranoy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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