« previous next »

Author Question: Matt is borrowing 4,500 to buy a used car and is using a spreadsheet to compare loans. Column A ... (Read 86 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
on: Jun 24, 2018
Matt is borrowing 4,500 to buy a used car and is using a spreadsheet to compare loans. Column A contains the principal amount, Column B contains the rate, Column C contains the time in years and Column D contains the interest paid over the life of the loan. Row 2 contains the first loan which has an interest rate of 8 for 4 years. Which formula should be entered in D2 to calculate the simple interest?
 a. =A2B2C2/360
 
  b. =A2B2C2/365
 
  c. =A2B2C2/12
 
  d. =A2B2C2

Question 2

Logistics problems are problems of finding the least expensive way to transport products from their origin to their destination.
 a. True
  b. False
   Indicate whether the statement is true or false


heyhey123

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 24, 2018
Answer to Question 1

d

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Divisions of the vertebral column. Divisions of the vertebral column.
Osteoporosis. (a) A section through normal spongy bone. (b) A section through a bone with osteoporos Osteoporosis. (a) A section through normal spongy bone. (b) A section through a bone with osteoporos
Some column-mounted ignition switches act directly on the contact points, whereas others use a link ... Some column-mounted ignition switches act directly on the contact points, whereas others use a link ...
Distillation column with heat pump Distillation column with heat pump
Schematic of the rectifying column Schematic of the rectifying column
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Video: Dissociative Disorders (Part 1)

For a complete list of videos, visit our video library