Simple Interest = Principle * rate * Time
Simple Interest = $700 - $650.41 = $49.59
$49.59 = $700 * Rate * (17/12)
Rate = 5.00%
HW17: Problem 8 Previous Problem Problem List Next Problem (4 points) Consider a discounted loan of...
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HW17: Problem 2 Previous Problem Problem List Next Problem (4 points) Charlie wants to buy a $300 stereo set in 9 weeks. How much should he invest now at 11% annual simple interest to have the money in 9 weeks? Investment = $ Preview My Answers Submit Answers You have attempted this problem 0 times. You have unlimited attempts remaining.
MAA Logged in MATHEMATICAL ASSOCIATION OF AMERICA webwork/ma162-su20-golenbiewski / hw17/6 HW17: Problem 6 Previous Problem Problem List Next Problem (1 point) Find the length of the loan in months, if S400 is borrowed with an annual simple interest rate of 14% and with $465.333333333333 repaid at the end of the loan. Length of the loan = months. Preview My Answers Submit Answers You have attempted this problem o times. You have unlimited attempts remaining. Email Instructor Page generated at 07/31/2020...
MATHEMATICAL ASSOCIATION OF AMERICA < webwork / ma123s20 / hw17/2 HW17: Problem 2 Previous Problem Problem List Next Problem (1 point) What is the smallest possible product you can form from two non-negative numbers whose sum is 787 The minimum product is Preview My Answers Submit Answers You have attempted this problem 0 times. You have unlimited attempts remaining.
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