« previous next »

Author Question: Suppose Paul Tram borrowed 15,000 at 9.12 for 120 days. If the bank uses exact simple interest, what ... (Read 89 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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

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

Charles Darwin may be dead and gone but a recent write-in campaign has pitted him against Republican Charles Darwin may be dead and gone but a recent write-in campaign has pitted him against Republican
A Simple Model of the Learning Process A Simple Model of the Learning Process
An oral contraceptive showing the daily doses and the different formulation taken in the last 7 days ... An oral contraceptive showing the daily doses and the different formulation taken in the last 7 days ...
A Simple Demonstration of Osmosis A Simple Demonstration of Osmosis
Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ... Consider the production function ( ) 0.5 0.5 Y = AK L . Suppose both saving rate (s) and the ...
Compound interest Compound interest
Video: Chromosome structural organization/ Mechanisms for chromosome movement Animation

For a complete list of videos, visit our video library