Answer:
the answer depends on which type of interest we use:
- simple interest rate = 24%
- compound interest rate = 26.82%
Step-by-step explanation:
the interest rate paid for holding the cards one month 1/50 or 2%.
to convert 2% monthly interest rate to a simple annual rate:
monthly rate x 12 months = 2% x 12 = 24%
now to convert 2% monthly interest rate to an annual rate (using compound interest):
- = (1 + r)ⁿ - 1
- = (1 + 0.02)¹² - 1 = 1.2682 - 1 = 0.2682 or 26.82%
in compound interest, earned interest earns even more interest by itself besides the interest earned by the principal.
Answer:
1. At Kohls Mrs. House would pay $45.00 because %25 = $15 so I just subtracted %.60.00-$15.00.
2.((Number × Percent/100)) + Number
((38 × 15/100)) + 38
5.7 + 38
= 43.7
3. I say that Mrs. House should go-to target. And just by $1.30.
At Kohls, the speaker would be at $45.00.
At target, the speaker would be at $43.70.
$45.00 - $43.70 = $1.30
Step-by-step explanation:
Answer:
When i took it i chose C and was right. I'm not sure if we use the same school but it was my answer. Hope it helps.
Step-by-step explanation:
Answer:
Kia has ten times more money than Elena. Kia has more money that Elena.
Troy has one-tenth of the money Elena has. Troy has less money than Elena.
Step-by-step explanation:
Answer:
c
Step-by-step explanation:
25 x 5 = 125
125 x 5 = 625
625 x 4 = 2500
So, 25 x 5 x 5 x 4 is 2,500
Vote Brainliest, Thx :)
