Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Science-Related Homework Help Mathematics
New Topic  
mars03 mars03
wrote...
Go to Answer
Posts: 119
Rep: 0 0
10 months ago
Naomi wants to deposit a cheque for $2,000 into her premium-rate savings account that pays interest of 3.15%. Interest is calculated on the daily closing balance and paid at the close of business on the last day of the month. If Danica already has $8,000 in her savings account on August 1 and does not make any withdrawals, how much interest would she earn for the month of August if she deposited the cheque on August 21?

▸ $25.50

▸ $24.40

▸ $23.30

▸ $22.30

▸ $26.40
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
Read 44 times
1 Reply
Replies
Answer verified by a subject expert
carducbcarducb
wrote...
#1
Posts: 126
Rep: 0 0
10 months ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

mars03 Author
wrote...

10 months ago
Good timing, thanks!
jayfo05
wrote...

Yesterday
Thank you, thank you, thank you!
jayfo05
wrote...

2 hours ago
Brilliant ツ
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1231 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 152
  
 1045
  
 298
Your Opinion
Who's your favorite biologist?
Votes: 586
Previous poll results: How often do you eat-out per week?