Mathematics, 28.07.2019 21:30 jwyapo4
7. keith wendell plans to borrow $5,810. he has decided on a term of 95 days at 8% interest. he has a choice of two lenders. one calculates interest using a 360-day year and the other uses a 365-day year. find the amount of interest wendell will save by using the lender with the 365-day year. $1.54 $1.67 $1.63 $1.68 8. jake winters plans to invest $7,400. find the interest rate required for the fund to grow to $7,844 in 8 months. 9% 5.7 % 8.5% 6%
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7. keith wendell plans to borrow $5,810. he has decided on a term of 95 days at 8% interest. he has...
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