« previous next »

Author Question: Matt is borrowing 4,500 to buy a used car and is using a spreadsheet to compare loans. Column A ... (Read 87 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 24, 2018
Matt is borrowing 4,500 to buy a used car and is using a spreadsheet to compare loans. Column A contains the principal amount, Column B contains the rate, Column C contains the time in years and Column D contains the interest paid over the life of the loan. Row 2 contains the first loan which has an interest rate of 8 for 4 years. Which formula should be entered in D2 to calculate the simple interest?
 a. =A2B2C2/360
 
  b. =A2B2C2/365
 
  c. =A2B2C2/12
 
  d. =A2B2C2

Question 2

Logistics problems are problems of finding the least expensive way to transport products from their origin to their destination.
 a. True
  b. False
   Indicate whether the statement is true or false


heyhey123

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 24, 2018
Answer to Question 1

d

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The types of cancer that alpha interferons are used to treat include hairy cell leukemia, melanoma, follicular non-Hodgkin's lymphoma, and AIDS-related Kaposi's sarcoma.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

The spinal column. The spinal column.
The dorsal-column medial-lemniscus system. The pathways from only one side of the body are shown. The dorsal-column medial-lemniscus system. The pathways from only one side of the body are shown.
Symptoms and Signs Associated with Damage to Nerves in Different Areas of the Spinal Column Symptoms and Signs Associated with Damage to Nerves in Different Areas of the Spinal Column
Prove the following arguments using the two-column format. Prove the following arguments using the two-column format.
The Vertebral Column. Note the Four Curvatures of the Spine in the Right Lateral View The Vertebral Column. Note the Four Curvatures of the Spine in the Right Lateral View
A Bat Ray cruising through the water column below the "sunburst." Bat Rays are types of ... A Bat Ray cruising through the water column below the "sunburst." Bat Rays are types of ...
Video: Interpreting a cladogram Animation

For a complete list of videos, visit our video library