Yousef borrowed last term for tuition, books, and student fees. This term he plans to borrow because he knows his classes will b
1 answer:
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Answer:
The correct option is B.
Step-by-step explanation:
The amount of money, in dollars, in a savings account after x years is given by
This above equation represents that $10000 becomes M(x) after x years at a rate of interest 3% compounded in each year.
Therefore, the value in the expression 1.03 represents that there is a 3 percent increase in the savings account each year.
So, the correct option is B. (Answer)
Whatever% of anything is just (whatever/100) * anything.
therefore, if an item has been discounted by 40%, the discounte is that 40%, what is 40% of the price "p"? (40/100) * p or 0.4p.
therefore, if an item has been discounted by 40%, the discounte is that 40%, what is 40% of the price "p"? (40/100) * p or 0.4p.