
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 159
Solve following application problems. Round rate to the nearest tenth of a percent, time to the nearest day, and money to the nearest cent.
NEW ROOF Roy Gerard needs $7260 to pay for a new roof on his small home. His bank loans him money at a discount rate of 12%, and the loan is for 240 days. Find the face value of the loan so he will have $7260. _____________
NEW ROOF Roy Gerard needs $7260 to pay for a new roof on his small home. His bank loans him money at a discount rate of 12%, and the loan is for 240 days. Find the face value of the loan so he will have $7260. _____________
Explanation
The following information is given, Rec...
Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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