« previous next »

Author Question: Chase has a 42,500 line of credit which charges an annual percentage rate of prime rate plus 5. His ... (Read 209 times)

BRWH

  • Hero Member
  • *****
  • Posts: 553
on: Jun 24, 2018
Chase has a 42,500 line of credit which charges an annual percentage rate of prime rate plus 5. His starting balance on June 1 was 2,550. On June 4, he borrowed 5,300. On June 9, Chris made a payment of 800, and on June 17, he borrowed 5,600. If the current prime rate is 10, what is his new balance?
 A) 12,050.59
  B) 12,598.99
  C) 12,850.00
  D) 12,766.83

Question 2

If Jillian earns 324 for 16 hours of work, how many hours must she work to earn 486.00?
 A) 77
  B) 24
  C) 31
  D) 25


nikmaaacs

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Annual net primary productivity on Earth. Annual net primary productivity on Earth.
During their annual migration, the entire population of Arctic terns move from the Arctic Ocean in t During their annual migration, the entire population of Arctic terns move from the Arctic Ocean in t
Injecting an IV push (bolus) medication; B, into a primary infusion line Injecting an IV push (bolus) medication; B, into a primary infusion line
Tai chi walk along straight line. From tai chi stance, shift weight to the back leg and turn the ... Tai chi walk along straight line. From tai chi stance, shift weight to the back leg and turn the ...
(A) Pinch along jaw line from midline to lateral aspect. (B) Press St-6 at masseter attachment. (A) Pinch along jaw line from midline to lateral aspect. (B) Press St-6 at masseter attachment.
Beef Prime Rib Beef Prime Rib
Video: Molecules, Membrane Permeability and Structure

For a complete list of videos, visit our video library