The interest of Lin is calculated for the loan to be taken, $181 for 4.5% interest rate. $179.4 Interest expense total if 3.9% interest is paid for 8 years.
<h3 /><h3>What is Interest?</h3>
Interest is the amount paid in return for loan, the interest is calculated with a percentage that is agreed when loan is provided.
Loan is charged with the interest rate.
The interest expense was calculated as $575 * 4.5% * 7 years = $181
$575 * 3.9% * 8 years = $179.4.
Mrs. Brookes will have approximately $1400 at the end of year 2.
$1200 * 1.08 = $1296
$1296 * 1.08 = $1399.68
Ben will earn $ 11,249 for Account I
Ben will earn $ 10,927 for Account II
Account I
$10,000 * 1.04 = 10400
$10400 * 1.04 = 10816
$10816 * 1.04 = 11249
Account II
$10,000 * 1.03 = 10300
$10300 * 1.03 = 10609
$10609 * 1.03 = 10927
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The correct answer is: it is possible that an interest in politics caused Jessica to join the <span>political science club.
The argument in the question is flawed because it automatically assumes that Jessica's </span>involvement in her school's political science club led her to take an interest in politics, rather than the other way round, when in fact it is possible that an interest in politics is what actually caused Jessica to join the political science club. The argument in the question is flawed because it made a causal claim simply by an unfounded assumption.
Answer:
C. Both similarities and differences in their properties.
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