72.4 percent in decimal equals .0724.
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1 4/5 is an example of a(n):
1 4/5 is an example of a(n):
An ordinary annuity results in the deposit or payment being…
An ordinary annuity results in the deposit or payment being made at end of the period.
A bedroom set lists for $12,000 and carries a trade discount…
A bedroom set lists for $12,000 and carries a trade discount of 30%. Freight (FOB shipping point) of $150 is not part of list price. Calculate the delivered price of the bedroom set including the freight. Assume a cash discount of 2%:
The single equivalent discount rate is found by taking the n…
The single equivalent discount rate is found by taking the net price equivalent rate and adding it to 1.
2/10, n/30 R.O.G. means the cash discount period ends:
2/10, n/30 R.O.G. means the cash discount period ends:
750 is what percent of 900 (Round to nearest tenth of a perc…
750 is what percent of 900 (Round to nearest tenth of a percent).
Simple interest loans are usually more than one year.
Simple interest loans are usually more than one year.
Tom Burke bought a home in Virginia for $139,000. He puts do…
Tom Burke bought a home in Virginia for $139,000. He puts down 30 percent and obtains a mortgage for 25 years at 12 percent. The portion of the 1st payment that covers interest is: (Solve using the financial calculator. Select the best answer.)
A variable rate mortgage means:
A variable rate mortgage means: