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

Author Question: CentSmart Inc. deposited $83 215 into an account that had a simple interest rate of 2.3% on February ... (Read 77 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
on: Jun 6, 2019

Question 1

On Christmas day, Sebastian deposited the $265 he got in a savings account that had a simple interest rate of 1.7% p.a. By next Christmas, how much interest was earned and paid into his account?

Question 2

CentSmart Inc. deposited $83 215 into an account that had a simple interest rate of 2.3% on February 27th, 2015. On New Year's Eve, how much interest had been earned on that deposit?
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 Diane on Jun 6, 2019

diana chang

  • Sr. Member
  • ****
  • Posts: 288
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 35% of students answer this correctly


Diane

  • Hero Member
  • *****
  • Posts: 576
Reply #2 on: Jun 6, 2019
Thanks


diana chang

  • Sr. Member
  • ****
  • Posts: 288
Reply #3 on: Jun 6, 2019
Welcome :)


« previous next »
 

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Acceptable ranges of respiratory rate Acceptable ranges of respiratory rate
Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ... Schematic drawing of a permeation test cell used to measure the permeation rate of chemicals through ...
How to calculate compound interest (Part 1) How to calculate compound interest (Part 1)
If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ... If you are able to earn 6.2% compounded semi-annually in an account, how long will it take for ...
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 ...
Simple and Compound Leaves Simple and Compound Leaves
Video: Exercise and cardiac output & Definition of stroke volume

For a complete list of videos, visit our video library