Your friend from Australia purchased a computer for C$3,100 while visiting you for the holidays, when the exchange rate was C$1= A$1.0239. If the exchange rate changed to C$1= A$1.0438, what was the change in value of the computer in Australian dollars? A$ 0.00 Round to the nearest cent

Q: Suppose a man borrowed $300 from a friend and agreed to pay him 20% annual simple interest when he…

A: so given a man borrowed $300 from a friend and agreed to pay him 20% annual simple interest when he…

Q: mple mteiest was eanmed of deposit earned an interest rate of %.

A: In this question, the concept of Simple Interest is applied. Simple Interest Simple interest is a…

Q: Stanley Roper has $2,100 that he is looking to invest. His brother approached him with an investment…

A: Answer

Q: A bank deposit paying simple interest at the rate of 8%/year grew to $1200 in 10 months. Find the…

A:

Q: Brooke found US$90 in his attic and sold it to a bank that charged him a commission of 0.85%. How…

A: Brooke will recieve C $117.41Explanation:

Q: Yvonne's taxable income for the last pay period was $999.70. If the federal income tax rate was 11%,…

A:

Q: A loan of $1500 is repaid with a check for $1575. If the annual simple interest rate was 6%, what…

A:

Q: If you paid $56 to a loan company for the use of $1, 401 for 118 days, what annual rate of interest…

A: Compound interest formula:    I = Prt        Where           I =Interest           P = Principal…

Q: If the number of mortgage applications declined by 9% to 1,625,385. What had been the previous…

A: The given data is as follows: to 1,625,385 number of mortgage applications.

Q: Karen's Katering borrows $5,500, at 8.5% interest, for 280 days. If the bank uses the exact interest…

A: Interest found using a 365 day year is exact interest method P=$5500 r=0.085 t=280/365

Q: You take out a 7 month, $2,000 loan at 8% annual simple interest. How much would you owe at the end…

A:

Q: Dylan takes out a bank loan of $11,500 at 3.8% interest compounded annually. How much interest, in…

A: Given data is : Loan P=$11500 Interest rate r=3.8%, compounded annually. Time t=3 years To find the…

Q: Jaml's Home Repair borrows $4,000, at 16.75% interest, for 330 days. Use the exact interest method…

A: Exact simple interest is a simple interest that uses exact number of days in a year which is 365…

Q: . Exchange Rates On a certain date, each Japaneseyen was worth 0.34954 Russian ruble and eachChilean…

A: 1 Japanese Yen=0.34954 Russian ruble&1 Chilean peso=0.171718 Japanese yen

Q: Comet Lee borrowed $16,000 on a 6%, 90-day note. After 20 days, Comet paid $2,000 on the note. On…

A:

Q: Your electric bill is $128. You are charged 12% simple interest for late payments. How much do you…

A: Solution-: Given: Amount of  electric bill is $128. Rate of simple interest =12% . How much do you…

Q: In one particular month, a person has a balance of $ 3,490 on their credit card for 9 days. They…

A: From the provided information, the amount of balance on the credit card is given as:Amount of…

Q: A farmer purchased 235 acres of land for $4,900/acre. He paid 25% down and obtained a loan for the…

A: Given:   First we will find the amount of loan the farmer has taken    Calculating the amount of…

Q: Your total payment on a 5 year loan, which charged 6% annual simple interest, amounted to $40,160.…

A:

Q: If $1900 earned simple interest of $38.95 in 6 months, what was the simple interest rate? The simple…

A: I = 38.95 P = 1900 t = 6months=   (1/2) = 0.5

Q: Alexis found US$90 in her attic and sold it to a bank that charged her a commission of 0.85%. How…

A: Alexis received approximately C$117.41 from the bank after selling US$90 and accounting for the…

Q: With 1500.00 I opened a savings account in a bank that offered me a monthly interest rate of 0.5%.…

A: Given: P = $1500.00, r = 0.5% p.m., n = 12