Entries by Hannah Wangui

annual simple interest rate

Question Suzanne borrowed a certain amount of money at an annual simple interest rate of 5.8%. If she returned $5341 after 239 weeks, how much interest did she pay?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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debt

Question How many weeks would it take to increase the debt of a simple discount loan by 128% if the annual simple discount rate is 28%?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Suppose that your credit card activity for December looked like

Question Suppose that your credit card activity for December looked like this: December 5-$395 purchase December 1-$405 purchase December 15-$464 purchase December 20-$518 purchase December 25-$253 purchase What was your average daily balance for December?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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price

Question If the current yield of a bond goes down from 6.2% to 4.3%, by what percent does the market price increase?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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