Compute the simple interest. If the time is given in months, let one month be 1/12 of

Fantastic news! We've Found the answer you've been seeking!

Question:

Compute the simple interest. If the time is given in months, let one month be 1/12 of a year. Round answers to the nearest cent. Principal, Rate, and Time Interest

a. $1,500 at 8% for 2 years

b. $1,800 at 12% for 9 months

c. $23,000 at 5% for 5 years

Related Book For answer-question

Discovering Advanced Algebra An Investigative Approach

ISBN: 978-1559539845

1st edition

Authors: Jerald Murdock, Ellen Kamischke, Eric Kamischke

See More Books

Posted Date: Oct 24, 2020 12:45 PM

See More 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 +
This section contains 6 questions. Questions 83 to 88 have four statements (A, B C and D) given in Column I and four statements (p, q, r and s) in Column II. Any given statement in Column I can have...
Because the entries in the present value table (Table 13 - 3) are reciprocals of the corresponding entries in the future value table (Table 13 - 1), how can Table 13 - 3 be used to find the future...
Consider an asymmetric potential barrier, with Calculate the tunneling probability $T$ for energy $U_{1} U_{0}$. 0, x < 0 U(x) = U> U, 0 < x 0, x > L. (7.96)
A [-60/0/60] laminate and a [0/45/90] laminate both consist of 1.0-mmthick plies having the following properties: $E_{1}=181 \mathrm{GPa}, E_{2}=10.3 \mathrm{GPa}$, $G_{12}=7.17 \mathrm{GPa}$,...
The income statement and additional data of Norton Travel Products, Inc., follow: Additional data: a. Acquisition of plant assets was $170,000. Of this amount, $140,000 was paid in cash and $30,000...
Step 1 - Create a Person class in the business package with the following fields: First name, string type, max size 20 characters Last name, string type, max size 25 characters Phone, string type,...
Pender Corp. paid $234,000 for a 30% interest in Saltspring Limited on January 1, Year 6. During Year 6, Saltspring paid dividends of $100,000 and reported profit as follows: Profit before...
Calculate the net pay for the following employees using PDOC Employee 1 Salary 5 2 0 0 monthly Bonus 5 0 0 Car Allowance 3 0 0 ( insurable , taxable, cash benefit ) NCTB 6 5 ( non cash, not...
Suppose that F is a linear transformation such that F ( 1 , 0 , 0 ) = ( 1 , 0 , 5 ) , F ( 0 , 1 , 0 ) = ( 2 , 1 , 5 ) , F ( 0 , 0 , 1 ) = ( 2 , 2 , 2 0 ) .
Computer Inc. is a manufacturer of USB Flash Drives. The regular market price of their 16GB model is $26 each. The company has been approached by a major sports franchise with a special order for...
Firm A has net fixed assets of $100 in 2007 and it is operating at 90% capacity. Assume it cannot dispose of its redundant fixed assets . In 2008, sales are projected to grow by 30% . How much net...
A function satisfies-+12 + (-11) (2) +(-11) +7 for all real numbers. There is exactly one real number a where we may use the squeeze theorem to compute the limi Find a and L f(x)-L
Provide some possible references for the following: the two areas of practice that most appeal to me are Intelligence Analysis and Emergency Management. Intelligence Analysis: This field is...
Wumpus world has a game form where there is an Agent who has a mission get treasure stored in one of the grids in the Wumpus World environment which is 4x4 in size. In the Wumpus world environment...
Given the table below, about how much force does the rocket engine exert on the 4.0 kg payload? Distance traveled with rocket engine firing (m) Payload final velocity (m/s) 500 320 490 310 1020 450...
Draw a compass rose and show each vector. Find the x- and y-components of each, and show the angle with the x-axis used to find the components. Indicate the direction of the components with the...
Consider two positive integers that meet these conditions: three times the first added to four times the second is less than 30 twice the first is less than five more than the second a. Define...
Graph the equation y = 20Cx(0.3)x(0.7)(20-x) on your calculator in a graphing window with friendly x-values, and turn off the axes. Describe this graph.
Light of wavelength $\lambda$ is incident on an aperture of width $a$, producing diffraction. Describe the change(s) in the diffracted waves $(a)$ when the aperture width is doubled and $(b)$...
Which wavelength of electromagnetic radiation do you expect to be diffracted by a window screen? What is the frequency of this radiation?
Name some characteristics that allow you to observe light diffraction.

Compute the simple interest. If the time is given in months, let one month be 1/12 of

Question:

Expert Answer:

a The simple interest is IPRT100 Here P1500R... View the full answer

Discovering Advanced Algebra An Investigative Approach

Students also viewed these banking questions