Top Posters
Since Sunday
c
5
j
5
a
5
L
5
f
5
j
5
D
4
k
4
y
4
t
4
h
4
l
4
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
partygirl4u59 partygirl4u59
wrote...
Go to Answer
Posts: 166
Rep: 0 0
A year ago
Asher cashed in a one-year term deposit after only five months had elapsed. In order to do so, he accepted an interest rate penalty-a reduction from the scheduled 5.5% rate of simple interest. If he was paid $145.83 interest on the $10,000 term deposit, what reduction was made in the per-annum rate of simple interest?
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 52 times
1 Reply
Replies
Answer verified by a subject expert
brendasantsbrendasants
wrote...
#1
Posts: 127
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

partygirl4u59 Author
wrote...

A year ago
This helped my grade so much Perfect
Chaldoren
wrote...

Yesterday
this is exactly what I needed
Alina01978
wrote...

2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  877 People Browsing
 164 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 952
  
 258
  
 286
Your Opinion
What's your favorite math subject?
Votes: 315
Previous poll results: Who will win the 2024 president election?