Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. mary needs to borrow 12 000 she can borrow the mon

Mary needs to borrow 12 000 she can borrow the money at 6 simple interest...

50.1K

Verified Solution

Question

Basic Math

image

Mary needs to borrow 12 000 she can borrow the money at 6 simple interest for 3 yr or she can borrow at 4 with interest compounded continuously for yr a How much total interest would Mary pay at 6 simple interest b How much total interest would Mary pay at 4 interest compounded continuously c Which option results in less total interest Part 0 3 Part 1 of 3 a How much total interest would Hary pay at 6 simple interest At 6 simple interest the total interest Mary would pay is

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

What are the six differences between concentric diversification and backward integration ? 400words

Finance
Q

What are the complexities of being a leader in todays current society?

Psychology
Q

Question 1 (a) Elaborate on the FOUR (4) main functions of money. [16 marks] (b) Elaborate on the...

Economics
Q

Why is it important?Biodiversity: Over 80% of the world's terrestrial biodiversity can be found in...

Biology
Q

The Marvel Costume Design Workshop employs 65 people. Eight of the 30 men and 21...

Basic Math
Q

Convert the angle measure from degrees to radians Round your answer to three decimal places...

Calculus
Q

Cherokee Manufacturing Company established the following standard price and cost data sales price...

Accounting
Q

Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar amount: Dollar...

Accounting
Q

Faith Busby and Jeremy Beatty started the B&B partnership on January 1, Year 1. The...

Accounting
Q

Robin Inc. had the activities shown in the table in the year. (Click the icon...

Accounting
Q

2. Demi is a Canadian citizen. She has an RRSP account in which she has...

Finance
Q

Task 1 - Display Ad Bids Advertisers 1, 2 and 3 have similar costs and...

Finance