This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Eighty days ago, Emma was supposed to pay $870 to Regina. She also will owe Regina $1230 in 120 ... (Read 3185 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
on: Jun 6, 2019

Question 1

Jake owed Terry $3690 nine months ago and Jake also owed Charles $4008 three months ago. If Jake wanted to repay both of these debts today, determine the single payments that would full repay the debts. Allow for simple interest at 0.8%.

Question 2

Eighty days ago, Emma was supposed to pay $870 to Regina. She also will owe Regina $1230 in 120 days. However, Emma is unable to pay these amounts; so instead, Regina has agreed to accept two equal payments due after three months and six months, respectively. If the interest rate is 1.25%, determine the size of the quarterly payments.
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mrsjacobs44 on Jun 6, 2019

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 42% of students answer this correctly


mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
Reply #2 on: Jun 6, 2019
TY


mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: Jun 6, 2019
You're welcome


James Bertrand

  • Newbie
  • *
  • Posts: 1
Reply #4 on: Oct 18, 2022
Thank You


« previous next »
 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

CycleBeads help women use the Standard Days Method. CycleBeads help women use the Standard Days Method.
Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc Martin Van Buren, sitting uncomfortably for this engraving, would eventually ascend to the presidenc
Example of calculation of days in accounts receivable (AR). Example of calculation of days in accounts receivable (AR).
Average Number of Days per Year with Thunderstorms Average Number of Days per Year with Thunderstorms
After 159 days,she paid a maturity value of $11,626, which included interest of $814. After 159 days,she paid a maturity value of $11,626, which included interest of $814.
Events of an Ovarian/Mentrual Cycle Lasting Twenty-Eight Days Events of an Ovarian/Mentrual Cycle Lasting Twenty-Eight Days
Video: Sigmoidoscopy

For a complete list of videos, visit our video library