Author Question: What is the simple interest on a 10-month loan of 8,400 at 7.75? A) 651.00 B) 644.50 C) 542.50 ... (Read 136 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
What is the simple interest on a 10-month loan of 8,400 at 7.75?
 A) 651.00
  B) 644.50
  C) 542.50
  D) 440.00

Question 2

In Excel, a formula can be used to add a number to a date to calculate the maturity date of a loan.
  Indicate whether the statement is true or false



Toya9913

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

For a complete list of videos, visit our video library