This topic contains a solution. Click here to go to the answer

Author Question: What is the difference between the exact simple interest and the ordinary simple interest on a ... (Read 126 times)

Kthamas

  • Hero Member
  • *****
  • Posts: 546
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
Answer to Question 1

D

Answer to Question 2

A




Kthamas

  • Member
  • Posts: 546
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)


pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

For a complete list of videos, visit our video library