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

Author Question: The principal P is borrowed and the loan's future value, A, at time t is given. Determine the loan's ... (Read 102 times)

mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
on: Feb 2, 2020

Question 1

The principal P is borrowed and the loan's future value, A,  at time t is given. Determine the loan's simple interest rate, r, to the nearest tenth of a percent.

P = $3000, A = $3270, t = 1 year
◦ 9%
◦ 9.3%
◦ 18%
◦ 9.9%

Question 2

The principal P is borrowed and the loan's future value, A,  at time t is given. Determine the loan's simple interest rate, r, to the nearest tenth of a percent.

P = $140, A = $190.40, t = 4 years
◦ 9%
◦ 5.5%
◦ 9.4%
◦ 18%
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 mcmcdaniel on Feb 2, 2020

lorealeza77

  • Sr. Member
  • ****
  • Posts: 356
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


mcmcdaniel

  • Member
  • Posts: 550
Reply 2 on: Feb 2, 2020
Great answer, keep it coming :)

LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

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?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Adults in late middle adulthood frequently look forward to spending more time with their partner Adults in late middle adulthood frequently look forward to spending more time with their partner
Future train Future train
A greater number of men than women hold full-time jobs, but the gap is closing because of an ... A greater number of men than women hold full-time jobs, but the gap is closing because of an ...
Current and future trends and impacts (IPCC) Current and future trends and impacts (IPCC)
Disitive Time For Potatoes Disitive Time For Potatoes
Determine if each function is continuous, If the function is not continuous, find the x-axis Determine if each function is continuous, If the function is not continuous, find the x-axis
Video: Introduction to Pre-eclampsia

For a complete list of videos, visit our video library