Multiple Choice
$22,000 was due 90 days ago. It is now to be repaid in three equal payments in 30, 60 and 180 days from now. If interest is 5.92% annually, determine the value if the focal date is today.
A) $8,627.35
B) $7,935.12
C) $7,727.54
D) $7,549.67
E) $7,182.67
Correct Answer:
Verified
Correct Answer:
Verified
Q202: Marliss made a $780.82 purchase on her
Q203: David is supposed to pay $975 to
Q204: How many months would it take to
Q205: After 4 months how much interest would
Q206: Calculate the missing value:<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8414/.jpg" alt="Calculate
Q208: How can you determine which of three
Q209: Calculate the simple interest rate at which
Q210: How much money would I have to
Q211: A $6,000 loan at 8% is to
Q212: Carly borrowed $450 from Jenn on August