Determine the simple interest. Unless noted otherwise, assume the rate is an annual rate. Assume 360 days
Question:
Determine the simple interest. Unless noted otherwise, assume the rate is an annual rate. Assume 360 days in a year. Round answers to the nearest cent.
p = $620, r = 3.05%, t = 1.5 years
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (6 reviews)
i pr...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
A Survey Of Mathematics With Applications
ISBN: 9780135740460
11th Edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
Question Posted:
Students also viewed these Mathematics questions
-
Solve algebraically. Round answers to the nearest hundredth. a. 4 + 5x =18 b. 12(0.5)2x = 30 c. log3 15 = log x/log x d. log6 100 = x e. 2 logx = 2.5 f. log5 53 = x g. 4 logx = log 16 h. log(5 + x) -...
-
Solve each equation. Round answers to the nearest hundredth as needed. = 64 %3D 4,
-
Solve each equation. Round answers to the nearest hundredth as needed. 0.03 8(4) 4 A = 2000 1 +
-
Someone once commented that advertising is Americas greatest export. Discuss.
-
When the boss fired Clarence from his job at a moving company, she said it was because he could no longer lift heavy furniture; his salary was too high and, as he got older, he would have a hard time...
-
Milton Corporation entered into a lease arrangement with James Leasing Corporation for a certain machine. Jamess primary business is leasing, and it is not a manufacturer or dealer. Milton will lease...
-
The following data are for Huang Wong Ping Retail Outlet Stores. The account balances (in thousands) are for 2017. 1. Compute (a) the cost of goods purchased and (b) the cost of goods sold. 2....
-
Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March. (For specific identification, the March 9 sale consisted of 80 units...
-
what the values of NoSQL are from retail business perspective? Do you agree? Why?
-
Univex is a calendar year, accrual basis retail business. Its financial statements provide the following information for the year: Revenues from sales of goods $ 783,200 Cost of goods sold (FIFO) ...
-
Determine the monthly payment for the installment loan. Unless told otherwise by your instructor, you may either use Table 10.2 or the installment payment formula. Annual Percentage Rate Number of...
-
Use the ordinary annuity formula to determine the accumulated amount in each annuity. Round all answers to the nearest cent. $800 invested semiannually for 20 years at a 5% interest rate compounded...
-
How are models and analytics related? How are they different?
-
Given the following two classes in the same package, which constructors contain compiler errors? (Choose three.) A. public Big(boolean stillIn) B. public Trouble() C. public Trouble(int deep) D....
-
Since 1980, wage inequality in the United States has increased substantially. According to the U.S. Census Bureau, income received by the top 20 percent of households rose from 44 percent of total...
-
Describe how each of the following events would affect (1) demand for auto workers and (2) auto workers wages in the country of Astoria, home of the all-electric car, the Astro Galactica. Illustrate...
-
From the following trial balance of Mr. A. Lal, prepare trading, profit and loss account and balance sheet as on March 31, 2005 Closing stock Rs. 15,000. Account Title Stock as on April 01, 2005...
-
What change, if any, should be made to the following method to improve security? A. On line 10, the method should be marked private. B. On line 15, an ArrayList instance should be returned instead of...
-
Explain what can be said about det A if: (a) A2 = I (b) PA = P and P is invertible (c) A = -AT and A is n n
-
You are the newly appointed tax practitioner to complete Emilys tax return and have downloaded the prefill report for Emilys tax return (hint, you can read what a prefill report is here (Links to an...
-
Determine the winner using the plurality with elimination method. The National Football League (NFL) is considering four cities for expansion: San Antonio (S), Los Angeles (L), Honolulu (H), and...
-
Determine the winner using the pairwise comparison method. The National Football League (NFL) is considering four cities for expansion: San Antonio (S), Los Angeles (L), Honolulu (H), and Toronto...
-
Determine the winner using the Borda count method. The 12 members of the executive committee of the Student Senate must vote for a student representative for the college board of trustees from among...
-
DATABASE NORMALIZATION (1NF, 2NF, AND 3NF) HELP NEEDED!!! The attached table is a non-normalized table for a RENTAL PROPERTY MANAGEMENT DATABASE. The data is included to help perform the...
-
If one designed separate tables for employees and departments in Week 2 assignment, one will want to combine the employee and department tables before one begins this assignment. One's combined table...
-
Please explainDatabase normalization Pro and Cons : a. when we need to normalize. b. when we don't normalize.
Study smarter with the SolutionInn App