Nabras borrows OMR 4800 for 10 months at a simple interest rate of 8% per year. Determine the discount and the proceeds. a) Discount = 300 OMR, Proceeds = 3250 OMR %3D %3D b) Discount 300 OMR, Proceeds 3300 OMR %3D %3D c) Discount = 320 OMR, Proceeds 4480 OMR %3D d) Discount 350 OMR, Proceeds 4050 OMR %3D

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Nabras borrows OMR 4800 for 10 months at a simple interest rate of 8% per year. Determine the
discount and the proceeds.
a) Discount = 300 OMR, Proceeds 3250 OMR
%3D
b) Discount = 300 OMR, Proceeds 3300 OMR
c) Discount = 320 OMR, Proceeds 4480 OMR
d) Discount = 350 OMR, Proceeds
= 4050 OMR
a
O b
MacBook Pro
Transcribed Image Text:Nabras borrows OMR 4800 for 10 months at a simple interest rate of 8% per year. Determine the discount and the proceeds. a) Discount = 300 OMR, Proceeds 3250 OMR %3D b) Discount = 300 OMR, Proceeds 3300 OMR c) Discount = 320 OMR, Proceeds 4480 OMR d) Discount = 350 OMR, Proceeds = 4050 OMR a O b MacBook Pro
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