This topic contains a solution. Click here to go to the answer

Author Question: Dion is supposed to pay Kristy $3500 on April 20, but delays the payment until July 1. What amount ... (Read 58 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566

Question 1

Sally put $9500 in term deposit on May 22. It matured on September 4 at $9588.82. What interest rate did she earn on the term deposit?

Question 2

Dion is supposed to pay Kristy $3500 on April 20, but delays the payment until July 1. What amount should Dion expect to pay on July 1, if Kristy can earn 8.25% on a low-risk investment?
◦ $3788.75
◦ $3557.75
◦ $3556.96
◦ $3500
◦ $3556.17


Related Topics

Need homework help now?

Ask unlimited questions for free

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

tmlewis4706

  • Sr. Member
  • ****
  • Posts: 295
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 45% of students answer this correctly




leo leo

  • Member
  • Posts: 566
Reply 2 on: Jun 6, 2019
Wow, this really help


strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

For a complete list of videos, visit our video library