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Author Question: The principal P is borrowed and the loan's future value, A, at time t is given. Determine the loan's ... (Read 88 times)

mcmcdaniel

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on: Feb 2, 2020

Question 1

The principal P is borrowed and the loan's future value, A,  at time t is given. Determine the loan's simple interest rate, r, to the nearest tenth of a percent.

P = $3000, A = $3270, t = 1 year
◦ 9%
◦ 9.3%
◦ 18%
◦ 9.9%

Question 2

The principal P is borrowed and the loan's future value, A,  at time t is given. Determine the loan's simple interest rate, r, to the nearest tenth of a percent.

P = $140, A = $190.40, t = 4 years
◦ 9%
◦ 5.5%
◦ 9.4%
◦ 18%
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Marked as best answer by mcmcdaniel on Feb 2, 2020

lorealeza77

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Reply #1 on: Feb 2, 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.
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mcmcdaniel

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Reply 2 on: Feb 2, 2020
Wow, this really help

ryhom

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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