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Author Question: Commerce Bank & Trust Company offers a business line of credit that has an annual percentage ... (Read 84 times)

khang

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on: Jun 24, 2018
Commerce Bank & Trust Company offers a business line of credit that has an annual percentage rate of prime plus 4.8, with a minimum of 11 1/2. If the prime rate is 6.25, what is the APR? (Round to the nearest hundredth of a percent)

Question 2

14,490 votes were cast at a recent election. If the votes cast for Candidate A were 6 times the votes cast for Candidate B, how many votes did each candidate receive? a. Candidate A ___________ b. Candidate B ___________
 Fill in the blank(s) with correct word


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shailee

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Reply #1 on: Jun 24, 2018
Answer to Question 1

11.05

Answer to Question 2

a. 12,420 votes for Candidate A
b. 2,070 votes for Candidate B


khang

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

kilada

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Reply 3 on: Yesterday
Excellent

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