« previous next »

Author Question: Frog's Leap Vineyards has a 45,000 line of credit which charges an annual percentage rate of prime ... (Read 145 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jun 24, 2018
Frog's Leap Vineyards has a 45,000 line of credit which charges an annual percentage rate of prime rate plus 6.5. The starting balance on March 1 was 4,200. On March 8, they made a payment of 2,000, and on March 16, they borrowed 4,400. If the current prime rate is 10, what is the new balance?

Question 2

Script's Book Store sold 864 items last week. They sold twice as many magazines as paperback books, and five times as many paperback books as hardbound books. How many of each product was sold? a. Magazines ____________ b. Paperbacks ____________ c. Hardbound ____________
 Fill in the blank(s) with correct word


ky860224

  • Sr. Member
  • ****
  • Posts: 350
Reply #1 on: Jun 24, 2018
Answer to Question 1

6,667.69

Answer to Question 2

a. 540 Magazines
b. 270 Paperbacks
c. 54 Hardbound


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

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?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

The tympanic membrane of a frog. The tympanic membrane of a frog.
Acceptable ranges of respiratory rate Acceptable ranges of respiratory rate
How would you rate your overall health?” The percent of adults answering “excellent” or ... How would you rate your overall health?” The percent of adults answering “excellent” or ...
Factors Affecting the Environmental Lapse Rate (ELR): Heating or Cooling of the Lower Atmosphere Factors Affecting the Environmental Lapse Rate (ELR): Heating or Cooling of the Lower Atmosphere
Tai chi stance with front foot pointing straight ahead and back foot at 45° angle, heels in line, ... Tai chi stance with front foot pointing straight ahead and back foot at 45° angle, heels in line, ...
AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ... AAC, Inc. is planning to issue $5,000,000 in 180-day maturity notes paying a rate of 12 percent ...
Video: Humerus Adduction Animation

For a complete list of videos, visit our video library