« 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 57 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?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

(A) Lumbar puncture, also known as spinal tap; (B) section of the vertebral column showing the spina (A) Lumbar puncture, also known as spinal tap; (B) section of the vertebral column showing the spina
Osteoporosis. (a) A section through normal spongy bone. (b) A section through a bone with osteoporos Osteoporosis. (a) A section through normal spongy bone. (b) A section through a bone with osteoporos
Column chromatography Column chromatography
Ventral View of the Spinal Column Ventral View of the Spinal Column
The spinal column. The spinal column.
How reciprocal functions compare to the parent function How reciprocal functions compare to the parent function
Video: Introduction to Photolithography - WC, BLF, PA, Hard and Soft baking

For a complete list of videos, visit our video library