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

Author Question: Lonnie needs extra money to buy a truck to start up a delivery service. He takes out a simple ... (Read 160 times)

saliriagwu

  • Hero Member
  • *****
  • Posts: 537
on: Feb 2, 2020

Question 1

Determine the present value, P, you must invest to have the future value, A, at simple interest rate r after time t. Round answer to the nearest dollar.

A = $9053.50, r = 13.5%, t = 17 months
◦ $7676
◦ $7605
◦ $7617
◦ $7600

Question 2

Lonnie needs extra money to buy a truck to start up a delivery service. He takes out a simple interest loan for for 7 months at a rate of 7.25% . How much interest must he pay, and what is the future value of the loan?
◦ interest: $253.75 ; future value: $6253.75
◦ interest: $3045.00 ; future value: $9045.00
◦ interest: $253.75 ; future value: $6266.75
◦ interest: $276.82 ; future value: $6276.82
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 saliriagwu on Feb 2, 2020

Cnarkel

  • Sr. Member
  • ****
  • Posts: 339
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 44% of students answer this correctly


saliriagwu

  • Member
  • Posts: 537
Reply 2 on: Feb 2, 2020
Great answer, keep it coming :)

connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

Phrases that Decrease Customer Service Level Phrases that Decrease Customer Service Level
Start massage in a standing posture. Start massage in a standing posture.
Two simple reflex arcs Two simple reflex arcs
Food service businesses Food service businesses
Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ... Jamal plans to retire in 17 years. He is saving $2000 every start of the month in a retirement ...
Where the different pathways of carbohydrate breakdown start and end Where the different pathways of carbohydrate breakdown start and end
Video: Lactation and Breast Feeding

For a complete list of videos, visit our video library