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

Author Question: The principal P is borrowed and the loan's future value, A, at time t is given. Determine the loan's ... (Read 76 times)

mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
on: Feb 2, 2020

Question 1

The principal P is borrowed and the loan's future value, A,  at time t is given. Determine the loan's simple interest rate, r, to the nearest tenth of a percent.

P = $3000, A = $3270, t = 1 year
◦ 9%
◦ 9.3%
◦ 18%
◦ 9.9%

Question 2

The principal P is borrowed and the loan's future value, A,  at time t is given. Determine the loan's simple interest rate, r, to the nearest tenth of a percent.

P = $140, A = $190.40, t = 4 years
◦ 9%
◦ 5.5%
◦ 9.4%
◦ 18%
Thinking Mathematically ¦ Blitzer ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mcmcdaniel on Feb 2, 2020

lorealeza77

  • Sr. Member
  • ****
  • Posts: 356
Reply #1 on: Feb 2, 2020
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 29% of students answer this correctly


mcmcdaniel

  • Member
  • Posts: 550
Reply 2 on: Feb 2, 2020
YES! Correct, THANKS for helping me on my review

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Approach used to determine the evolutionary relationships among many animal species using molecular Approach used to determine the evolutionary relationships among many animal species using molecular
The Geologic Time Scale The Geologic Time Scale
Smart cars in the future Smart cars in the future
Drug development time line. Drug development time line.
Inline four-cylinder engine showing principal and nonprincipal ends. Normal direction of rotation is ... Inline four-cylinder engine showing principal and nonprincipal ends. Normal direction of rotation is ...
If P(θ) = (√3 /2, -1/ 2), determine the coordinates of P (θ + 90 °) using the unit circle If P(θ) = (√3 /2, -1/ 2), determine the coordinates of P (θ + 90 °) using the unit circle
Video: Calvin Cycle Explained!

For a complete list of videos, visit our video library