Answer:
7/8 > 5/6
Step-by-step explanation:
Well look at it this way: 7/8 needs 1 more eighth until 1. 5/6 needs one more sixth until one. One eighth is smaller, so it requires a smaller amount to get to a greater number, if that makes sense. So 7/8 is greater than 5/6.
60 x $179.99 = $10,799.40 - 7,400.00 = $3,399.40 $3,399.40/$7,400.00 = 45.93 <span> close to 15%</span><span>
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Here is my theory. I did not use the Pythagorean Theorem. I used basic cross multiplication.
z = 25
t = 24
APR is different than other compounding periods because you would need to find some equivelancy to compare things at.
