Provide an appropriate response.The interest formula is I = PRT. You took out a loan with Commerce City bank for $40,000 at 8.25% interest and held the loan for 6 months. What interest should you be charged?
Fill in the blank(s) with the appropriate word(s).
$1650
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Provide an appropriate response.The formula to find principal is "principal divided by (rate times time)."
A. True B. False
Solve.An earthquake had an intensity times more powerful than a reference level earthquake, or
What was the magnitude of this earthquake on the Richter scale? The magnitude on the Richter scale of an earthquake of intensity I is
A. 14.5 B. 16.3 C. 6.3 D. 3.7
Find the future value of the annuity. Round to the nearest cent.a1 = $1000I = 0.15
n = 11
A. $20,303.72 B. $31,015.94 C. $2697.04 D. $24,349.28
An account contains A dollars and increases or decreases by R%. For A and R: (a) Find the increase or decrease in the value of the account. (b) Find the value of the account. (c) By what factor did the account value increase or decrease? A = $300, R = 190%
A. (a) $595; (b) $895; (c) 3.9 B. (a) $520; (b) $820; (c) 1.9 C. (a) $580; (b) $880; (c) 1.4 D. (a) $570; (b) $870; (c) 2.9