Solve for rate in the following application problems. Round to the nearest tenth of a percent.

Beutler Heating and Air Conditioning will lay off $45$ of its $1215$ workers. What percent of the workers will be laid off?

Solve the application problems. Round rate to the nearest tenth of a percent, time to the nearest day, and money to the nearest cent.

A bridge in Japan was damaged by an earthquake. The firm repairing the bridge needs proceeds of 165 million Japanese yen for 30 days to pay wages and buy supplies. A bank lends the funds at an 8% discount rate. Find (a) the face value and (b) the effective rate.

Solve the application problems. Round rate to the nearest tenth of a percent, time to the nearest day, and money to the nearest cent.

Tim Garcia has a poor credit history partly due to a divorce. A finance company finally agrees to lend him funds based on a note with a face value of $9400, but it requires him to use his truck as collateral. Even then, the bank charges him a high 16% discount rate. Find (a) the proceeds and (b) the effective rate if the note is for 7 months.

Solve the application problems. Round rate to the nearest tenth of a percent, time to the nearest day, and money to the nearest cent.

Cathy Cox has poor credit but she found a bank that will lend her $4200. Still, the bank charges a 12% discount rate. Find (a) the proceeds if the note is for 10 months and (b) the effective interest rate charged by the bank.

Is it permissible for the owner’s representative to issue instructions or orders to a subcontractor as long as they are directed to a management representative of that subcontractor./

Solve the application problems. Round rate to the nearest tenth of a percent, time to the nearest day, and money to the nearest cent.

A Malaysian electric company requires proceeds of $720,000 (local currency) and borrows from a bank in Thailand at a 12% discount rate for 45 days. Find (a) the face value of the note and (b) the effective interest rate.

Solve the application problems. Round rate to the nearest tenth of a percent, time to the nearest day, and money to the nearest cent.

A regional manager at Trugreen, Inc. authorizes the borrowing of $98,300 for trucks and sprayers needed to spray yards with fertilizers and pesticides. The simple discount note has a 9.25% rate and matures in 150 days. Find the face value of the loan needed.

Solve the application problem. Use a $360$-day year if applicable.

Cathy Cockrell signed a 180 -day simple discount note with a rate of $10 \%$ and a face value of $\$ 25,000$. Find (a) the interest and (b) the proceeds.

Find the maturity date and the proceeds.

Find the maturity date and the proceeds.

Find the maturity date and the proceeds.

Find the maturity date and the proceeds.

Find the maturity date and the proceeds.

Find the maturity value and the proceeds. Round to the nearest cent.