Answer:
C. 12
Step-by-step explanation:
With the rule of 72, you would divide 72 by the periodic interest rate to get the number of years for the principal to double
72 ÷ 6 = 12
Answer:
77.77
Step-by-step explanation:
you subtract 16 (prediction) - 9 (actual) and divide it by the actual.
Answer:
h=22.5167 x 10^0
Step-by-step explanation:
Kacie has a balance of $10,000 on a loan with an annual interest rate of 8%. To pay off the $10,000 in four years, Kacie will have to make a minimum payment is $244.13 per month. How much will kacie pay in interest over the four year period?
A.) $1.088.20
B.) $1,718.24
C.) $2,971.99
D.) $11,718.24
Answer: C
Step-by-step explanation:
