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Alex_Xolod [135]
3 years ago
5

The difference between the CAST function and the CONVERT function is that the ______________________________ function accepts an

optional style argument that lets you specify a format for the result.
Mathematics
1 answer:
olga nikolaevna [1]3 years ago
8 0

Answer:

Convert

Step-by-step explanation:

The difference between the CAST function and the CONVERT function is that the CONVERT function accepts an optional style argument that lets you specify a format for the result.

The CONVERT function allows you to convert a value of one type to another. The CONVERT function returns the value of expression translated to the target_type with a specified style.

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(B)Calculate the estimated percent profit. Explain how you  found the estimated percent profit.

Answer:

See Explanation

Step-by-step explanation:

<u>PART A</u>

Ed's Total Monthly Expense for each Loan is given below:

\left|\begin{array}{c|c|c|c}Bank&First&City&Star\\-------&------&------&-----\\$Repayment Period&1 \:Year&1\: Year&1 \:Year\\$Average Monthly Sales&$\$7,500&$\$7,500&$\$7,500\\$Monthly Loan Payment&$\$1792&$\$1803&$\$1817\\$Total Monthly Expenses&1792+5000&1803+5000&1817+5000\\-----&----&----&----\\& \$6792&\$6803&\$6817\\\end{array}\right|

<u>PART B</u>

The percentage profit for each option is calculated below.

\left|\begin{array}{c|c|c|c}Bank&First&City&Star\\-------&------&------&-----\\$Average Monthly Sales&$\$7,500&$\$7,500&$\$7,500\\$Total Monthly Expenses& \$6792&\$6803&\$6817\\Profit& \$708&\$697&\$683\\-----&----&----&----\\Estimated \:Percent \:Profit(\frac{Profit}{7500}X100) & 9.4\%&9.3\%&9.1\%\\-----&----&----&----\\\end{array}\right|

To calculate the percentage profit:

  • Subtract the total monthly expense from the average monthly sales.
  • Divide the result by 7500
  • Multiply by 100.
8 0
3 years ago
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