Multiple Choice
Find the simple interest. (The rate is an annual rate unless otherwise noted. Assume 360 days in a year.)
-p = $1375, r = 8%, t = 10 days
A) $2.75
B) $1100.00
C) $305.56
D) $3.06
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q194: Solve the problem. Assume that simple
Q195: Solve the problem. Round to the nearest
Q196: Solve the problem. Round to the nearest
Q197: Find the simple interest. (The rate is
Q198: Solve the problem.<br>-The average cost of a
Q200: Write as a decimal.<br>-204.2%<br>A) 204.2<br>B) 20,420<br>C) 20.42<br>D)
Q201: Use the simple interest formula to determine
Q202: Use the present value formula to determine
Q203: Solve the problem. Where appropriate, round to
Q204: Use an annual percentage rate table to