Answer:
The right choice is Esther's
Step-by-step explanation:
Present worth of GH¢ after 3 years is better as its present really worth may be very high than GH¢ a thousand of today. Here fee of interest is not given to compare however GH¢ 3000 after three years will be equivalent to present well worth GH¢ 1000 if charge of interest >44.5% which may be very very excessive. Thus charge of interest > 44.5% Then GH¢ 3000 payable after 3 years could be equivalent to GH¢ 1000 Hence vide has made the proper preference. If interest price >44.5%.
Then Esther's preference will he right. (thinking about time value of money).
Answer:
# 2 the you are on the right one
Step-by-step explanation:
Step-by-step explanation:
8.35 < 3x + 18.75
3x + 18.75 > 8.35
3x > 8.35 - 18.75
3x > -10.4
x > -3.47
The answer should be D. 70%.
Hopefully that helps! :)
