« previous next »

Author Question: Chase has a 42,500 line of credit which charges an annual percentage rate of prime rate plus 5. His ... (Read 246 times)

BRWH

  • Hero Member
  • *****
  • Posts: 553
on: Jun 24, 2018
Chase has a 42,500 line of credit which charges an annual percentage rate of prime rate plus 5. His starting balance on June 1 was 2,550. On June 4, he borrowed 5,300. On June 9, Chris made a payment of 800, and on June 17, he borrowed 5,600. If the current prime rate is 10, what is his new balance?
 A) 12,050.59
  B) 12,598.99
  C) 12,850.00
  D) 12,766.83

Question 2

If Jillian earns 324 for 16 hours of work, how many hours must she work to earn 486.00?
 A) 77
  B) 24
  C) 31
  D) 25


nikmaaacs

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Changes in metabolic rate of selected structures in a mammal's body during different activities Changes in metabolic rate of selected structures in a mammal's body during different activities
A nurse adjusts the rate of a client’s IV. A nurse adjusts the rate of a client’s IV.
The frontal lobe (green) bounded by the Sylvian fissure (yellow line) and central sulcus (red line), The frontal lobe (green) bounded by the Sylvian fissure (yellow line) and central sulcus (red line),
The mortality rate in the United States increases with age and is lower for women than men at every ... The mortality rate in the United States increases with age and is lower for women than men at every ...
Two wells are filled with the same antigen, and when they diffuse to the antibody, they make a line ... Two wells are filled with the same antigen, and when they diffuse to the antibody, they make a line ...
Finding the equation of a line Finding the equation of a line
Video: Atrial natriuretic peptide (vasodilation) & Aldosterone

For a complete list of videos, visit our video library