Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
choco1433 choco1433
wrote...
Go to Answer
Posts: 129
Rep: 0 0
A year ago
Convert the annual rate to a monthly rate. Then compute the simple interest on a monthly basis. Round answers to the nearest cent.

 Principal, Annual Rate, and Time
Interest
a.$15,600 at 15% for 8 months
__________
b.$10,000 at 8.4% for 3 months
__________
c.$  8,775 at 10.5% for 5 months
__________
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
Read 61 times
1 Reply
Replies
Answer verified by a subject expert
knh1473knh1473
wrote...
#1
Posts: 124
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

choco1433 Author
wrote...

A year ago
Good timing, thanks!
Jose^2
wrote...

Yesterday
Brilliant ツ
terriroberts96
wrote...

2 hours ago
This site is awesome
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1354 People Browsing
 132 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 127
  
 2354
  
 75
Your Opinion
Do you believe in global warming?
Votes: 370
Previous poll results: What's your favorite math subject?