This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How many days did it take for your investment of $4300 to accrue $147 in interest at a rate of 8.12%? (Read 154 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
on: Jun 6, 2019

Question 1

What rate of interest did you earn for a period of 2417 days if you invested $175 and you earned $222 in interest?
◦ 19.16%
◦ 16.19%
◦ 21.19%
◦ 17.19%
◦ 29.19%

Question 2

How many days did it take for your investment of $4300 to accrue $147 in interest at a rate of 8.12%?
◦ 153.67 days
◦ 163.67 days
◦ 157.36 days
◦ 135.36 days
◦ 163.36 days
Contemporary Business Mathematics with Canadian Applications ¦ Hummelbrunner, Halliday, Coombs ¦ 11th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Chelseaamend on Jun 6, 2019

Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jun 6, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 55% of students answer this correctly


Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
Reply #2 on: Jun 6, 2019
Thank you!


Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
Reply #3 on: Jun 6, 2019
Always glad to help...


« previous next »
 

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

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?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Primary production is positively correlated with the evapotranspiration rate. Primary production is positively correlated with the evapotranspiration rate.
Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction. Influence of enzyme-substrate affinity on the rate of an enzyme-catalyzed reaction.
How to convert units of any rate to another (Part 2) How to convert units of any rate to another (Part 2)
How to calculate present value using the compound interest formula (Question 1) How to calculate present value using the compound interest formula (Question 1)
What rate, compounded once every 3 years, is equivalent to 9% effective rate? What rate, compounded once every 3 years, is equivalent to 9% effective rate?
What principal will earn $77.14 interest at 6.65% p. What principal will earn $77.14 interest at 6.65% p.
Video: Acid-base imbalances - compensation of respiratory acidosis and alkalosis

For a complete list of videos, visit our video library