Thank you!
Hello anemone! Thank you for the welcome! I got the first experience here on the day before yesterday and I find this place is very useful with friendly atmosphere. Thank you for that ! Best regards, Igor
Thank you very much!
Hi Anemone, Thanks for the welcome message. I have a maths question which I really need some help on quickly. I've posted it in the geometry and maths challenge problem forum but I was wondering if you or MHB staff could give me a hand too? Thank you so much. Best, Stanley
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Thanks for welcoming me anemone. My Question: A new University graduate wanted to live expensive life and therefore bought himself a new Mercedes Benz. But things got rough so he decides to sell the car to an automobile company. He accepted a 270-day note for 3,500 Euros at 10% simple rate interest as full payment amount and the interest to be paid at the end of the 270 days. But sixty days later, he found that he needs and so so sells the note to a third party for 3,550 Euros. What annual interest rate will the third party receive for the investment?
Thank you very much.
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