« previous next »

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 134 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Jun 24, 2018
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
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

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?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another. Wild chimpanzees make and use simple tools to obtain food, learning tool making from one another.
Poverty comes in many forms. Families who go into debt to buy possessions squeak by month after ... Poverty comes in many forms. Families who go into debt to buy possessions squeak by month after ...
How to solve simple percent word problems (Part 1) How to solve simple percent word problems (Part 1)
Two simple reflex arcs Two simple reflex arcs
Simple Decorating Techniques: Stencils Simple Decorating Techniques: Stencils
What is the discounted value of deposits of $150.00 made at the end of each month for fourteen ... What is the discounted value of deposits of $150.00 made at the end of each month for fourteen ...
Video: Physiology of Asthma

For a complete list of videos, visit our video library