Mathematics
Mathematics, 30.11.2020 18:20, linz6227

12. Maxim Air Filters Inc. plans to borrow $300,000 for one year. Northeast National Bank will lend the money at 10 percent interest and requires a compen-

sating balance of 20 percent. What is the effective rate of interest?

answer
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 16:10, zayzay162
A) if $50000 is invested in a bank account that pays 9.3% of interest compounded on a six-monthly basis, how much money will be in the account after 3 and 12 years? b) if matusalen's father had put $2.0 in the bank when he was born and there, how long would matusalen have had to his death (969 years later) if the interest was 7% per year composed each month and weekly?
Answers: 1
image
Mathematics, 21.06.2019 17:00, eksdeeexe
Acar travels at an average speed of 52 miles per hour. how long does it take to travel 299 miles
Answers: 1
image
Mathematics, 21.06.2019 18:00, kaylin28
How many glue sticks are in a basket containing 96 scissors, if the ratio of glue sticks to scissors is 19 to 57.
Answers: 1
image
Mathematics, 21.06.2019 20:50, twhalon72
What is the greatest number of parts of a circle that can be formed by cutting the circle with 7 straight cuts? (note: the parts do not have to be equal in size)
Answers: 3
Do you know the correct answer?
12. Maxim Air Filters Inc. plans to borrow $300,000 for one year. Northeast National Bank will lend...

Questions in other subjects:

Konu
Mathematics, 17.03.2020 23:25
Konu
Mathematics, 17.03.2020 23:25
Konu
Mathematics, 17.03.2020 23:25
Konu
Mathematics, 17.03.2020 23:25
Konu
Law, 17.03.2020 23:25