Provide an appropriate response.
-Find the amount due on a loan of $8,500 at 7.5% simple interest at the end of 4 years.
Correct Answer:
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Q8: Provide an appropriate response.
-If you pay $5,500
Q9: Make the indicated conversion. Assume a 360-day
Q10: Solve the problem. Round dollar amounts to
Q11: Solve the problem. Round dollar amounts to
Q12: Make the indicated conversion. Assume a 360-day
Q14: Use I = Prt for simple interest
Q15: Convert the given interest rate to decimal
Q16: Use the formula A = P(1 +
Q17: Convert the given interest rate to decimal
Q18: Convert the given interest rate to decimal
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