Author Question: On April 12, a tax accountant took six tax returns to the post office. They weighed 4.2, 7.7, 8.5, ... (Read 156 times)

809779 · **on:** Jun 24, 2018

On April 12, a tax accountant took six tax returns to the post office. They weighed 4.2, 7.7, 8.5, 6.3 8.1, and 6.3 ounces. Determine the total weight in ounces.

Question 2

Janice Costa bought some power equipment priced at 1,350 . The dealer permitted Janice to pay in 60 days but at a price of 1,389.60 . Compute the ordinary simple interest (360-day year) rate that the dealer charged. (To nearest 1/10 of a percent.)

Sweetkitty24130 · **Reply #1 on:** Jun 24, 2018

Answer to Question 1

4.2 + 7.7 + 8.5 + 6.3 + 8.1 + 6.3 = 41.1 ounces

Answer to Question 2

I = 1,389.60 - 1,350 = 39.60; R = I (PT) = 39.60 (1,350 60/360) = 0.176 = 17.6