Seth has just decided to replace his computer. His old computer cost him $1,433 when he bought it exactly seven years ago. Seth
paid for it with his credit card, which has an APR of 11.70%, compounded monthly. He made no other purchases with the card and paid off his balance after two and a half years of making identical monthly payments. The computer consumed about $0.79 of electricity every day. In total, what percentage of the lifetime cost of the computer did the electricity make up? (Assume that two out of the seven years were leap years, and round all dollar values to the nearest cent.)
Amid record unemployment claims and the disruption of commercial activity caused by the novel coronavirus outbreak, the public’s assessments of the U.S. economy have deteriorated with extraordinary speed and severity. Just 23% of Americans now rate economic conditions in the country as excellent or good, down sharply from 57% at the start of the year.Step-by-step explanation: