valt 6 Medhi invested 10 000 in treasury bills for 90 days 139 32 in...

80.2K

Verified Solution

Question

Algebra

image

valt 6 Medhi invested 10 000 in treasury bills for 90 days 139 32 in interest What rate of interest did the bills earn 7 Sam invested 800 at 6 5 per year and received 25 64 interest on maturity How many days did Sam hold his investment 8 Suppose you are working with simple interest If you double the length of time of an investment do you double the interest earned Justify your answer with a full explanation TL 162 12 41 s sp cat 4pmaddy L 4659 4paddy9 COSS S 10757

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: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students