5.12% means
5.12/100 = 0.0512 (each year)
PreOwned Vehicle Cost = 31,100
For 5 years simple interest, the value would be:
31100 * 0.0512 * 5 = $7961.6
Total have to pay: 31,100 + 7961.6 = $39,061.6
It’s rather half of that or double of that
Answer:
1/4 or 0.25
Step-by-step explanation:
2/3*3/8=6/24=1/4
Answer:
The answer is False,
Step-by-step explanation:
The answer is False because in some expressions if there are parentheses and there is a subtraction problem in the parentheses but there is an addition problem in front of the parentheses that does not exactly mean that you do the addition first, this is because the subtraction is inside the parentheses and so since the subtraction is in parentheses it is done fist.
Short-term investments characteristics are:
- More affected by rapid market changes.
- Taxed at a higher rate.
- Subject to more transaction fees.
- Incurs more annual brokerage fees.
<h3>What are Long-Term Investments?</h3>
Others are:
Long-term investments characteristics are:
- Carries the risk of higher inflation.
Long-term investments are known to be a kind of assets that people or a firm intends to keep for a long period of time that is usually more than three years.
Note that Long-term investors usually take on a high degree of risk when one is said to be after higher returns.
Learn more about investments from
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