What was the rate of interest

Assignment Help Business Management
Reference no: EM131370040

A man needed money to buy lawn equipment. He borrowed $500.00 for eight months and paid $53.97 in interest. What was the rate of interest?

Reference no: EM131370040

Questions Cloud

Analyze the corporate strategy of the selected firm : Analyze the corporate strategy of the selected firm, including product, geographical, and vertical scope in which it operates. Has the firm expanded from its initial product line or field of operation? Does the firm own vertically related activiti..
How does doing reflective writing help : How does Giles define reflection - How does doing reflective writing help with the revision process and what does reflective writing ask students to do that they might not normally do on their own?
Occupational outlook handbook : Labor Statistics at the U.S. Department Of Labor, and check out the Occupational Outlook Handbook. Occupational Handbook Prepare a brief (one page) report on what you found most useful to your career direction.
What are effective ways to understand and organize data : Briefly summary of the comparison of the reliability and validity of responses on attitude scales.What are Effective ways to understand and organize data using descriptive statistics?What are the differences in test construction between the Minnesota..
What was the rate of interest : A man needed money to buy lawn equipment. He borrowed $500.00 for eight months and paid $53.97 in interest. What was the rate of interest?
Show that given is a probability distribution : What is the probability that the exchange rate on a given day during this period will be at least 0.75?- What is the probability that the exchange rate on a given day during this period will be less than 0.77?
What kind of process do you think will used to make product : What need is the new product trying to fill? Do you think it will meet that need? What type of innovation does the new product represent? What kind of process do you think will be used to make the product?
Provide a substantial response : Please provide a substantial response in your own words to the following questions. The responses should be approximately two hundred and fifty words.
Value chain analysis for the german beer industry : Read the mini-case provided then do a value chain analysis. Beer has been brewed in Germany for more than 3,000 years. A diverse set of people have been brewers from house wives to monks and nuns to professional brewmasters. The first governmental re..

Reviews

Write a Review

Business Management Questions & Answers

  Develop a wbs for a local stage play

Develop a WBS for a local stage play. Be sure to identify the deliverables and organizational units (people) responsible. How would you code your system?

  Project charter checklist for expert tips

At a project's initiation, management and stakeholders authorize and approve the work to be done. This process often takes the form of a project charter, which can be either an informal document or a formal contract. In both cases, key stakeholder..

  Do you anticipate any changes to the demand and or supply of

You are required to pick a product or service you use in your everyday life and describe the market for this product. Address the following questions: What factors influence the demand for this product? What factors influence the supply of this produ..

  Observations about current consumer involvement healthcare

Based on the information presented in this case, what are your observations about current consumer involvement in healthcare? What does this case teach about the use of computers to seek healthcare information?

  What is the maximum possible gain and loss

(TCO C) An investor bought 200 shares of stock at $50. The stock now sells for $70 and the investor writes a 70 call for $3.50. What is the maximum possible gain and loss in this covered call position?

  What role did leadership play in the decline at c&l

Is the primary challenge facing Miguel as General Manager one of supervision, management, or leadership?

  Why environments are important for understanding a business

Identify and describe the different levels in a business firm and their information needs. Explain why environments are important for understanding a business?

  What level of q maximizes net benefits

a. What level of Q maximizes net benefits (profits)? b. What is the maximum level of net benefits (profits)?

  How does erp impact corporate culture

How does ERP impact corporate culture? How does it impact business processes?

  Collected in the third month

July $3,000,000 August $2,500,000 September $4,000,000. If 30% of the month's revenue is collected in the same month, 40% is collected in the second month and 30% is collected in the third month, how much of July's revenue is collected in August?

  Explain the imf international monetary fund what is it and

1.explain the imf international monetary fund. what is it and how does it affect international business

  Effectiveness of problem-oriented policing

Discuss the development and effectiveness of Problem-Oriented policing. Give a real-life example Where do you see yourself in 1-3 years? Separate paragraphs for each response. Also please site at least 2 sources to do with the response but make it ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd