subject
Mathematics, 14.02.2021 02:50 annamcda301

44 Matsuyama, Inc. needs to borrow $300,000 for 1 year at 7.00% interest. The
firm's bank offers a discount loan with a compensating balance of 3%. What
is the effective annual rate of interest (APR) for this loan?
t of 1
uestion
Select one:
O A. 7.96%
O B. 7.37%
O C. 7.00%
O D. 7.78%

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 19:50
Type the correct answer in each box. spell all words correctly. a sequence of transformations maps ∆abc onto ∆a″b″c″. the type of transformation that maps ∆abc onto ∆a′b′c′ is a . when ∆a′b′c′ is reflected across the line x = -2 to form ∆a″b″c″, vertex of ∆a″b″c″ will have the same coordinates as b′.
Answers: 1
question
Mathematics, 21.06.2019 20:00
Cody started biking to the park traveling 15 mph, after some time the bike got a flat so cody walked the rest of the way, traveling 4 mph. if the total trip to the park took 6 hours and it was 46 miles away, how long did cody travel at each speed? solve using rate times time= distance
Answers: 1
question
Mathematics, 21.06.2019 20:30
What’s 8y+48 and factor each expression completely
Answers: 2
question
Mathematics, 21.06.2019 22:00
What is the length of the segment, endpoints of which are intersections of parabolas y=x^2− 11/4 x− 7/4 and y=− 7 /8 x^2+x+ 31/8 ?
Answers: 1
You know the right answer?
44 Matsuyama, Inc. needs to borrow $300,000 for 1 year at 7.00% interest. The
firm's bank off...
Questions
question
Social Studies, 06.10.2019 06:30
question
Mathematics, 06.10.2019 06:30
question
Mathematics, 06.10.2019 06:30