Solved: Can you help me understand this if i borrow 2500 from my, Mathematics

+44 141 628 6080
[email protected]

Can you help me understand this if i borrow 2500 from my

Can you help me understand this? If I borrow $2,500 from my brother to have a dent in my car ?xed. I agrees to pay him back $3,000 after 1.5 years.

(a) Assuming that this is a simple interest setting, what is the simple interest rate that my brother is charging me?

(b) Assuming that my brother compounds interest continuously, what is the annual interest rate that my brother is changing?

Solution Preview :

Prepared by a verified Expert

Mathematics: Can you help me understand this if i borrow 2500 from my

Reference No:- TGS02881867

Now Priced at $10 (50% Discount)

Recommended (95%)

Rated (4.7/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Patient receiving intravenous lactated ringers solution

A 31 -year -old multigravid client at 39 weeks gestation admitted to the hospital in active labor receiving intravenous lactated Ringer's solution

Explain the role of onc-authorized testing laboratories

Explain the role of ONC-Authorized Testing Laboratories (ONC-ATLs) and describe how they become approved to serve in that role.

Complains of lower abdominal cramping

A 28-year-old woman complains of lower abdominal cramping for about 3 hours, followed by passage of "liver-like" tissue A and resolution of her pain.

Woman complains of vaginal bleeding and abdominal cramping

A 33-year-old woman complains of vaginal bleeding and abdominal cramping. She reports passing blood clots.

Woman complains of acute onset of significant abdominal pain

A 42-year-old woman complains of an acute onset of significant abdominal pain of 6 hours' duration. She states that she underwent in vitro fertilization

Woman with history of lower abdominal pain-vaginal spotting

A 22-year-old woman is seen in the emergency department (ED) with a 1-day history of lower abdominal pain and vaginal spotting.

Statement regarding newborns perceptions of color

Question: Which of the following is true regarding newborn's perceptions of color?

Solution Preview :

Prepared by a verified Expert

Mathematics: Can you help me understand this if i borrow 2500 from my

Reference No:- TGS02881867

Have a Question? (oR Write a Review)

Recent Questions Asked Mathematics

Q : Compare and contrast civic capacity with social capital in

Q : Way industries has 7 million shares of stock outstanding

Q : If 10 of my grade is based off of quizzes does this mean

Q : Identify and describe two specific instructional practices

Q : Can you help me understand this if i borrow 2500 from my

Q : Do you believe that leaders should make other people feel

Q : Explain how to use a pattern or sequence to determine the

Q : How to derive the first-order forward difference second

Q : Identify which developmental domains this activity supports