Mathematics, 09.11.2020 04:00, unknownroses
A restaurant borrows $19,700 from a local bank for 8 months. The local bank charges simple interest at an annual rate of 2.45% for this loan. Assume each month is 1/12 of a year. Answer each part below.
Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas.
(a) Find the interest that will be owed after 8 months.
$
(b) Assuming the restaurant doesn't make any payments, find the amount owed after 8 months.
Answers: 1
Mathematics, 21.06.2019 18:30, FailingstudentXD
Do some research and find a city that has experienced population growth. determine its population on january 1st of a certain year. write an exponential function to represent the city’s population, y, based on the number of years that pass, x after a period of exponential growth. describe the variables and numbers that you used in your equation.
Answers: 3
Mathematics, 22.06.2019 02:30, gracie0818
Last month, leonhard euler's watch kiosk at the mall had total sales of $9,489. merchandise totaling $225 was returned. the goods that were sold cost leonhard euler's $5,481. operating expenses for the moth were $992. what was the gross profit on sales?
Answers: 1
A restaurant borrows $19,700 from a local bank for 8 months. The local bank charges simple interest...
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