What is the result of 96-6? Use the model to find the answer. 8 12 16 32
2 answers:
You might be interested in
Check the picture below
APR is the annual percentage rate. To get daily percentage rate, we need to divide APR by 365. We have,
daily rate = (in percentage). In decimal it is
.
<em>To get total interest, we calculate it accordingly:</em>
- For first 10 days, he gets daily interest of 0.01% on $300:
- For next 10 days, he gets daily interest of 0.02% on $1500:
- For the last 10 days, he gets daily interest of 0.02% on $600:
Henry's total interest is the sum of these three,
dollars.
ANSWER: $2.3