Author Question: Suppose Paul Tram borrowed 15,000 at 9.12 for 120 days. If the bank uses exact simple interest, what ... (Read 82 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
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
Answer to Question 1

c

Answer to Question 2

c



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

For a complete list of videos, visit our video library