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

Author Question: The principal P is borrowed at simple interest rate r for a period of time t. Find the loan's future ... (Read 121 times)

maychende

  • Hero Member
  • *****
  • Posts: 556
on: Feb 2, 2020

Question 1

The principal P is borrowed at simple interest rate r for a period of time t. Find the loan's future value, A, or the total amount due at time t. Round answer to the nearest cent.

P = $3000, r = 7%, t = 1 year
◦ $5100
◦ $3210
◦ $3007
◦ $1070

Question 2

The principal P is borrowed at simple interest rate r for a period of time t. Find the loan's future value, A, or the total amount due at time t. Round answer to the nearest cent.

P = $160, r = 7%, t = 3 years
◦ $1033.60
◦ $193.60
◦ $171.20
◦ $181.00
Thinking Mathematically ¦ Blitzer ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by maychende on Feb 2, 2020

triiciiaa

  • Sr. Member
  • ****
  • Posts: 349
Reply #1 on: Feb 2, 2020
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 29% of students answer this correctly


maychende

  • Member
  • Posts: 556
Reply 2 on: Feb 2, 2020
:D TYSM

helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Elizabeth Murray, Just in Time. Elizabeth Murray, Just in Time.
Shy children often have a high arousal level in novel social situations. Over time, parents can help ... Shy children often have a high arousal level in novel social situations. Over time, parents can help ...
How to find the X and Y components of any vector How to find the X and Y components of any vector
How to calculate compound interest (Part 2) How to calculate compound interest (Part 2)
Find the derivative by using the quotient rule. Find the derivative by using the quotient rule.
Find derivative using quotient rule Find derivative using quotient rule
Video: Photosynthesis overview Animation

For a complete list of videos, visit our video library