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

Author Question: Suppose you borrow $1000 for a term of six years at simple interest and 5.25% APR. How much interest ... (Read 115 times)

sam.t96

  • Hero Member
  • *****
  • Posts: 570
on: May 5, 2020

Question 1

Edward's real estate tax bill was $7450 last year. If he paid $8100 this year, what was the percent increase on his taxes? Round your answer to the nearest hundredth of a percentage point.
◦ 8.72%
◦ 91.98%
◦ 4.35%
◦ 8.02%
◦ 80.70%

Question 2

Suppose you borrow $1000 for a term of six years at simple interest and 5.25% APR. How much interest must you pay on the loan?
◦ $31.50
◦ $52.50
◦ $315.00
◦ $262.50
◦ $525.00
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sam.t96 on May 5, 2020

trog

  • Sr. Member
  • ****
  • Posts: 343
Reply #1 on: May 5, 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 50% of students answer this correctly


sam.t96

  • Member
  • Posts: 570
Reply 2 on: May 5, 2020
:D TYSM

Dinolord

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

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?

HIV testing reach is still limited. An estimated 40% of people with HIV (more than 14 million) remain undiagnosed and do not know their infection status.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Simple cuboidal Simple cuboidal
The Long Valley Caldera Erupted the Bishop Ash 760,000 Years Ago The Long Valley Caldera Erupted the Bishop Ash 760,000 Years Ago
School age (late childhood): 6–12 years, or to puberty. School age (late childhood): 6–12 years, or to puberty.
In Canada, 2/3 women and over 1/2 of men 55 to 64 years of age are grandparents In Canada, 2/3 women and over 1/2 of men 55 to 64 years of age are grandparents
A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ... A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
Micrographs and drawings of three types of simple epithelia, with examples of their functions and lo Micrographs and drawings of three types of simple epithelia, with examples of their functions and lo
Video: Effect of the environment on coat color in the Himalayan rabbit Animation

For a complete list of videos, visit our video library