Posted by **lida** on Saturday, April 20, 2013 at 12:34pm.

Suppose that a vegetable vendor pays 7% interest daily on a $10 loan. Then, suppose that this individual was able to save $0.50 per day by drinking less tea. Calculate the number of days it would take for the vendor to no longer need to borrow money in order to purchase $10 of vegetables (i.e. the day number on which no loan is needed).

## Answer This Question

## Related Questions

- math - Suppose that a vegetable vendor pays 7% interest daily on a $10 loan. ...
- economics - Suppose that a vegetable vendor pays 7% interest daily on a $10 loan...
- eco, - Suppose that a vegetable vendor pays 7% interest daily on a $10 loan. ...
- Algebra - Wanda took out a personal loan for $16,000 at 9% simple interest. How ...
- Plz Hellp - Wanda took out a personal loan for $16,000 at 9% simple interest. ...
- eco - Suppose a person pays $80 of annual interest on a loan that has a 5 ...
- programming - Peter decided to save money to buy a house. Enter this amount as ...
- Math - A man buys a car at 25 gh cedis.he pays 20% of the cost of his own ...
- math - Suppose you take out a loan for 180 days in the amount of $13,500 at 11% ...
- math - gail borrowed $3600 from a bank to buy a washing machine she pays back ...

More Related Questions