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Ezzy19 Ezzy19
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Posts: 400
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6 years ago
A loan officer approved a 12,00 . loan to a small business for 90 days. If the ordinary simple interest rate was 9, compute the interest earned on the loan. (Use a 360-day year.)

Q. 2

A renter wanted to paint a small wall in her apartment. She bought a can paint that was supposed to cover 110 square feet. The height of the wall was 8 1/3 feet high. What length of wall could she paint with this one can of paint?

Q. 3

Andrew Merrill, owns a mobile sandwich and pretzel stand. Andrew borrows 5,200 for 135 days at 9 ordinary simple interest. What total will Andrew need to repay for both interest and principal? (Use a 360-day year.)

Q. 4

A lawn mower manufacturer claims that one of its new gas-powered lawn mowers will run for 2 hours and 40 minutes on 1 quart of gasoline. If the claim is true, how long should this lawn mower run on 3 1/2 quarts of gasoline? 40 minutes is 2/3 of an hour.
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brand4brand4
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6 years ago
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