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I am working through these problems but I need some reassurance, please show work so i can compare 03 Aa 09 Q Search 1. Given
I am working through these problems but I need some reassurance, please show work so i can compare 03 Aa 09 Q Search 1. Given the following, and using the ordinary Interest method, solve for the Principal (P). Round to the nearest cent. 12 points) 1 = $942 R = 3.5% T60 days 2. Given the following solve for the Rate (R). Round to the nearest tenth percent. (2 points) 1 $510 P = $42,009 T = 18 months 3. Given the following solve for the Time (T) in days. Round to the nearest day. (2 points) I $28 P = $1,985 R. 43% 4 Recently Mr. Roble, the owner of the Black Cot Bokery, purchased some equipment for the Bakery Mr. Robe purchased $27000 in additional equipment, and made a cash down payment of $2,700. He secured aloon for the remaining $24,300, with an interest rate of 2.5%, and a time period of 180 days. [4 points) A) Using ordinary interest, how much will he need to pay back at the end of 180 days? Round to the nearest cent. B) Using exact interest, how much will he need to pay back at the end of 180 days? Round to the nearest cent
I am working through these problems but
I need some reassurance, please show work so i can compare
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