« previous next »

Author Question: Interest is calculated on the average daily balance of Lisa's charge account. Find the finance ... (Read 64 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
on: Jun 24, 2018
Interest is calculated on the average daily balance of Lisa's charge account. Find the finance charge if the average daily balance is 785.60 and the monthly interest rate is 1.6.
 a. 14.80
 
  b. 13.29
 
  c. 15.56
 
  d. 12.57

Question 2

In transportation problems, the three sets of input numbers that are required are capacities, demands, and flows.
 a. True
  b. False
   Indicate whether the statement is true or false


todom5090

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 24, 2018
Answer to Question 1

d

Answer to Question 2

FALSE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

How to use the closed interval method to find absolute maximum and minimum values How to use the closed interval method to find absolute maximum and minimum values
How to find the equation of a line that is parallel to a line passing through a point How to find the equation of a line that is parallel to a line passing through a point
How to use a tree diagram to find the probability How to use a tree diagram to find the probability
Acid–Base Balance Acid–Base Balance
Chart showing average yearly dose of radiation from natural and human-made sources Chart showing average yearly dose of radiation from natural and human-made sources
Determine the nominal annual rate of interest of the following ordinary general annuity. Determine the nominal annual rate of interest of the following ordinary general annuity.
Video: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library