Author Question: Suppose Paul Tram borrowed 15,000 at 9.12 for 120 days. If the bank uses exact simple interest, what ... (Read 42 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
Suppose Paul Tram borrowed 15,000 at 9.12 for 120 days. If the bank uses exact simple interest, what is the amount of interest?
 a. 427.30
 
  b. 429.25
 
  c. 449.75
 
  d. 437.27

Question 2

The objective in transportation problems is typically to:
 a. maximize profits
  b. maximize revenue
  c. minimize costs
  d. maximize feasibility



fur

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

c

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

For a complete list of videos, visit our video library