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Author Question: Suppose you borrow $1000 for a term of six years at simple interest and 5.25% APR. How much interest ... (Read 117 times)

sam.t96

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on: May 5, 2020

Question 1

Edward's real estate tax bill was $7450 last year. If he paid $8100 this year, what was the percent increase on his taxes? Round your answer to the nearest hundredth of a percentage point.
◦ 8.72%
◦ 91.98%
◦ 4.35%
◦ 8.02%
◦ 80.70%

Question 2

Suppose you borrow $1000 for a term of six years at simple interest and 5.25% APR. How much interest must you pay on the loan?
◦ $31.50
◦ $52.50
◦ $315.00
◦ $262.50
◦ $525.00
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
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Marked as best answer by sam.t96 on May 5, 2020

trog

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Reply #1 on: May 5, 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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sam.t96

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Reply 2 on: May 5, 2020
Great answer, keep it coming :)

vickyvicksss

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

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