Multiple Choice
Find principal to the nearest dollar, rate to the nearest tenth of a percent, or time to the nearest day. Use banker's interest.
-House of Realty earned $420.00 interest on a $18,000 deposit in an account paying 4%. Find the number of days that the funds were on deposit.
A) 58 days
B) 213 days
C) 315 days
D) 210 days
Correct Answer:

Verified
Correct Answer:
Verified
Q31: Solve the problem. Round dollar amounts to
Q32: Find the discount period.<br>-Loan made: Oct 27<br>Length
Q33: Solve the problem.<br>-Jerry Jones buys a $120,000
Q34: Find the rate. Round to the nearest
Q35: Find the proceeds to the nearest cent
Q37: Find the principal. Round to the nearest
Q38: Find the principal. Round to the nearest
Q39: Find the proceeds to the nearest cent
Q40: Solve the problem.<br>-On June 7, Donaldson's Trucking
Q41: The simple interest note was discounted at