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

Author Question: The principal P is borrowed and the loan's future value, A, at time t is given. Determine the loan's ... (Read 71 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516

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 = $700.00, A = $729.75, t = 3 months
◦ 5.5%
◦ 17%
◦ 34%
◦ 17.2%

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 = $6900, A = $8702.63, t = 19 months
◦ 16.5%
◦ 6%
◦ 33.5%
◦ 33%


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rosent76 on Feb 2, 2020

ASDFGJLO

  • Sr. Member
  • ****
  • Posts: 335
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




rosent76

  • Member
  • Posts: 516
Reply 2 on: Feb 2, 2020
Gracias!


isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

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

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?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

For a complete list of videos, visit our video library