Answer:
Value of boat = $23,400
Loss of value by boat per year = 8%
To find: - Monthly percent decrease in value of boat.
Solution: - Decrease of value per year = 8% of $23,400 = $1,872. Monthly decrease in value = $1,872/12 = $156. Monthly percentage decrease = ($156/$23,400) * 100 = 0.6667 or 0.67 (rounded to nearest hundredth)
Step-by-step explanation:
Float rate_of_pay a declaration for a variable rate_of_pay that can hold values like 11.50 or 12.75.
What is float rate_of_pay?
- In contrast to fixed (or unchangeable) interest rates, floating interest rates change on a regular basis. Companies that offer credit cards and mortgages frequently use floating rates.
- Floating rates follow the market, a benchmark interest rate, an index, or both.
Is a fixed or floating rate preferable?
- In a rising rate environment, banks offer fixed rate loans at a higher rate than variable rate loans in order to profit more from the latter when rates rise.
- Fixed rate loans may have interest rates that are 300–350 basis points higher than floating rate loans.
float rate_of_pay
rate_of_pay = 11.50, 12.75;
Learn more about Float rate_of_pay
brainly.com/question/14128610
#SPJ4
Did you mean -21(-2-5)+(-14)+6(8-4.3) ?
If that, the answer is 155.2:)) im sorry if im wrong:((
I think you divide 18.96 by 3 to get the amount for one pound cost then go pound for pound there