Find the simple discount rate that corresponds to the simple interest rate for the given time. Round to the nearest hundredth of a percent.12%, 180 days
A. 10.38%
B. 12.26%
C. 11.32%
D. 11.43%
Answer: C
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Solve.Use the approximations ln 2 ? 0.693 and ln 5 ? 1.609 together with the properties of natural logarithms to calculate an approximation to ln .
A. 0.326 B. -3.345 C. -4.604 D. 0.804
Factor out the GCF from the polynomial.12p + 6q - 6
A. 6p(2 + q - 1) B. 6(2p + q - 1) C. 6(2p + q) D. cannot be factored
Simplify. Assume that no radicands were formed by raising negative quantities to even powers.3 + 9
A. 12
B. 84
C. 27
D. 12
Solve the problem. Round money to the nearest cent, if necessary, rates to the nearest whole percent, and time to the nearest month.Mr. Bell wants to borrow $2700 for home improvements. He doesn't want to pay more than $315.00 in interest. Find the longest time for which the money may be borrowed if the interest rate is 14%.
A. 9 months B. 8 months C. 12 months D. 10 months