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

Author Question: Suppose you borrow $1250 for a term of 12 years at simple interest and 2.15% APR. How much interest ... (Read 102 times)

jenna1

  • Hero Member
  • *****
  • Posts: 568
on: May 5, 2020

Question 1

Suppose you borrow $825 for a term of six years at simple interest and % APR. How much interest must you pay on the loan?
◦ $390.19
◦ $117.56
◦ $107.42
◦ $235.13
◦ $11.76

Question 2

Suppose you borrow $1250 for a term of 12 years at simple interest and 2.15% APR. How much interest must you pay on the loan?
◦ $26.88
◦ $1572.50
◦ $32.25
◦ $268.75
◦ $322.50
Excursions in Modern Mathematics ¦ Tannenbaum ¦ 9th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jenna1 on May 5, 2020

scrocafella

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: May 5, 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 50% of students answer this correctly


jenna1

  • Member
  • Posts: 568
Reply 2 on: May 5, 2020
Wow, this really help

nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

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.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Simple overview of photosynthesis Simple overview of photosynthesis
Defying thousands of years of conventional wisdom, scientists are reporting that it is possible for Defying thousands of years of conventional wisdom, scientists are reporting that it is possible for
The skullcap from Trinil, Java is the type specimen for H. erectus and is about 900,000 years old. The skullcap from Trinil, Java is the type specimen for H. erectus and is about 900,000 years old.
A Simple Neural Model of Classical Conditioning A Simple Neural Model of Classical Conditioning
The term “natural,” when used on the packaging of meat and poultry The term “natural,” when used on the packaging of meat and poultry
Simple Sentences by Marc (Grade 1) Simple Sentences by Marc (Grade 1)
Video: Deafness Culture

For a complete list of videos, visit our video library