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 145 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?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Exercise increases the heart rate. Exercise increases the heart rate.
The Rate Law The Rate Law
Example of calculation of days in accounts receivable (AR). Example of calculation of days in accounts receivable (AR).
A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ... A mother invests $9000 in a bank account at the time of her daughter's birth. The interest is ...
Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ... Sonja is paid $42.50 per hour as a veterinarian. She is paid 1 times the regular rate for all ...
Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ... Rita borrows $4,500 from the bank at 9 percent annually compounded interest to be repaid in ...
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library