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

Author Question: A loan worth $4500 collects simple interest each year for 12 years. At the end of that time, a total ... (Read 162 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
on: May 5, 2020

Question 1

Suppose you purchase a 10-year U.S. savings bond with an APR of %. The face value of the bond is $8000. Find the purchase price of the bond.
◦ $6530.61
◦ $6527.28
◦ $6464.65
◦ $6400
◦ $6403.20

Question 2

A loan worth $4500 collects simple interest each year for 12 years. At the end of that time, a total of $7605 is paid back. Determine the APR for this loan.
◦ 4.25%
◦ 5.5%
◦ 4.5%
◦ 5%
◦ 5.75%
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 jwb375 on May 5, 2020

verrinzo

  • 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 25% of students answer this correctly


jwb375

  • Member
  • Posts: 540
Reply 2 on: May 5, 2020
YES! Correct, THANKS for helping me on my review

miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

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.

Tracking time of marker entry generates a chromosome map Tracking time of marker entry generates a chromosome map
The cranium of early African H. erectus KNM-ER 3733 is nearly 1.8 million years old. The cranium of early African H. erectus KNM-ER 3733 is nearly 1.8 million years old.
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Checklist of Developmental Skills: Birth to 5 years Checklist of Developmental Skills: Birth to 5 years
Always take the time to install spark plug wires back into the original holding brackets (wiring ... Always take the time to install spark plug wires back into the original holding brackets (wiring ...
Descartes's model of simple reflexes Descartes's model of simple reflexes
Video: Metaphase I Animation

For a complete list of videos, visit our video library