Solution-Annual simple interest rate is jack charging sara

Annual simple interest rate is jack charging sara

Reference no: EM131396953

Simon borrows $942 dollars from Debra for 141 days. The annual simple interest rate on this loan is 1.6%.

Sara borrows $923 dollars from Jack for 144 days.

If the maturity value on both loans is the same, what annual simple interest rate is Jack charging Sara?

Reference no: EM131396953

Questions Cloud

Discuss auditing around the computer and through computer : Discuss auditing around the computer and through the computer, the relevance of each, and how it affects your organization or an organization of your choosing.

Usual algebraic rules of inequalities apply : What can you deduce about the sign of (b - a)(d - c), and what do you get when you multiply this out? You can assume that the usual algebraic rules of inequalities apply, without citing an axiom or theorem.

Illustrate a strategic plan that addresses the need : TAX 655- Illustrate a strategic plan that addresses the need for a will in handling the estate. Detail what happens to the business, land, and investments consistent with tax codes and regulations.

What customizable tools are provided : What customizable tools are provided? How do these Web sites allow you to invite friends and professional contacts? How are photos and videos imported? What type of advertisements display on the free online social networks? Summarize the informati..

Annual simple interest rate is jack charging sara : Simon borrows $942 dollars from Debra for 141 days. The annual simple interest rate on this loan is 1.6%. Sara borrows $923 dollars from Jack for 144 days. If the maturity value on both loans is the same, what annual simple interest rate is Jack char..

Is virtualization technology implemented : What outdated equipment has been replaced with energy-efficient machines? Is virtualization technology implemented? How are they conserving power? Write a report summarizing your findings, and include a table of links to Web sites that provide add..

Describe how you might be able to measure the benefits : Discuss the aggregation problems that might be encountered in designing this benefit-cost analysis and Benefit-cost analysis experts agree that to the extent you can quantify benefits and costs, you should do this.

People entering the shop make a purchase : A shop owner's survey shows that 19 out of 25 people entering the shop make a purchase. What percent of the shoppers do not make a purchase?

Why does same web page appear differently on the two browser : When you view your favorite Web page using Firefox instead of Internet Explorer, the Web page does not appear the same. Why does the same Web page appear differently on the two browsers?

User Account

All Pages

Annual simple interest rate is jack charging sara

Reference no: EM131396953

Reference no: EM131396953

Questions Cloud

Reviews

Write a Review

Mathematics Questions & Answers

Questions on ferris wheel

Logistic map

Finding the probability of cards

Systems of ode

Derive the boolean expression

System of equations

Linear programming problem

Find the natural domain

Introduction to numerical methods

Chart of the topological manifold

Mathematics in computing

Complex problems

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT