subject
Mathematics, 18.06.2021 14:00 deb2710

Paul and Sandy Moede signed an $8,650 note at Citizen’s Bank. Citizen’s charges a 5.4% discount rate. Assume the loan is for 270 days. a. Find the proceeds. (Use 360 days a year. Round your intermediate calculations and final answer to the nearest cent.)

b. Find the effective rate charged by the bank. (Use 360 days a year. Do not round intermediate calculations. Round your answer to the nearest tenth percent.)

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 21:00
*let m∠cob = 50°30’, m∠aob = 70° and m∠aoc = 20°30’. could point c be in the interior of ∠aob? why?
Answers: 1
question
Mathematics, 21.06.2019 21:30
Alcoa was $10.02 a share yesterday. today it is at $9.75 a share. if you own 50 shares, did ou have capital gain or loss ? how much of a gain or loss did you have ? express the capital gain/loss as a percent of the original price
Answers: 2
question
Mathematics, 21.06.2019 21:30
Cal's go cart has a gas tank with the dimensions shown below. he uses a gas can that holds 11 gallon of gas, to fill the go cart tank. 11 gallon = 231 inches^3 how many full gas cans will it take to fill the go cart's gas tank?
Answers: 3
question
Mathematics, 21.06.2019 23:20
Triangle xyz, with vertices x(-2, 0), y(-2, -1), and z(-5, -2), undergoes a transformation to form triangle x? y? z? , with vertices x? (4, -2), y? (4, -3), and z? (1, -4). the type of transformation that triangle xyz undergoes is a . triangle x? y? z? then undergoes a transformation to form triangle x? y? z? , with vertices x? (4, 2), y? (4, 3), and z? (1, 4). the type of transformation that triangle x? y? z? undergoes is a .
Answers: 2
You know the right answer?
Paul and Sandy Moede signed an $8,650 note at Citizen’s Bank. Citizen’s charges a 5.4% discount rate...
Questions
Questions on the website: 13722361