Answer:
The small bottle is the best value for money.
Step-by-step explanation:
The small bottle of Ketchup contains 342 gm and costs 88 pence i.e. 0.88 pounds.
So, cost per gram of Ketchup is pounds per gram.
The medium bottle of Ketchup contains 570 gm and costs 1.95 pounds.
So, cost per gram of Ketchup is pounds per gram.
The large bottle of Ketchup contains 1500 gm and costs 3.99 pounds.
So, cost per gram of Ketchup is pounds per gram.
Since the per gram Ketchup cost is smallest in the small bottle of Ketchup, therefore, the small bottle is the best value for money. (Answer)
Answer:
Interest = $ 2247.00
Step-by-step explanation:
principal=$6600
Amount=$8847
time=4 years
Interest=Amount - principal
=$8847 - $ 6600
=$2247 =
=$2247.00
Amortization Solution:
A= P[[r(1+r)^n]/[((1+r)^n)-1)]]
P= $175,000
r= .06/12; divide interest rate by 12 to get monthly interest of 0.005
n=15*12=180; multiply by 12 to get the total number of payments
A= $87500 is the total cost of principal with interest rate of 0.5% monthly