Suppose Paul Tram borrowed 15,000 at 9.12 for 120 days. If the bank uses exact simple interest, what ...

Author Question: Suppose Paul Tram borrowed 15,000 at 9.12 for 120 days. If the bank uses exact simple interest, what ... (Read 67 times)

bobbie

Hero Member
Posts: 592

on: Jun 24, 2018

Suppose Paul Tram borrowed 15,000 at 9.12 for 120 days. If the bank uses exact simple interest, what is the amount of interest?
a. 427.30

b. 429.25

c. 449.75

d. 437.27

Question 2

The objective in transportation problems is typically to:
a. maximize profits
b. maximize revenue
c. minimize costs
d. maximize feasibility

fur

Sr. Member
Posts: 309

Reply #1 on: Jun 24, 2018

Answer to Question 1

c

Answer to Question 2

c

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