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

Author Question: What is the difference between the exact simple interest and the ordinary simple interest on a ... (Read 147 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
on: Jun 24, 2018
What is the difference between the exact simple interest and the ordinary simple interest on a 200-day loan of 5,000 at 12?
 A) 15.65
  B) 14.16
  C) 6.56
  D) 4.56

Question 2

What is the exact simple interest on a 150-day loan of 2,350 at 10?
 A) 96.58
  B) 58.67
  C) 28.20
  D) 9.66


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kishoreddi

  • Sr. Member
  • ****
  • Posts: 329
    • Your online Help in Biology and chemistry
Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

A


Kthamas

  • Member
  • Posts: 546
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

chereeb

  • Member
  • Posts: 326
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Simple Stain Simple Stain
The slight (5 microsecond) difference in the firing of the companion cylinders is enough time to ... The slight (5 microsecond) difference in the firing of the companion cylinders is enough time to ...
Simple amplification of 1kb DNA fragments by polymerase chain reaction. Simple amplification of 1kb DNA fragments by polymerase chain reaction.
How to calculate present value using the compound interest formula (Question 1) How to calculate present value using the compound interest formula (Question 1)
How to calculate present value using the compound interest formula (Question 2) How to calculate present value using the compound interest formula (Question 2)
Simple Structure of H I V Simple Structure of H I V
Video: Exercise and cardiac output

For a complete list of videos, visit our video library