Answer:5.1
Step-by-step explanation:
Answer:
$19.76
Step-by-step explanation:
First you turn the 15% to 0.15 and then you multiply it with $25 to get 3.75.
That isn't the meal though, but the discount you are going to get.
Now subtract 3.75 from 25 to get $21.25
After that multiply 21.25 with 7% which gets you 1.4875
Then, subtract 1.4875 from 21.25 to get 19.7625 which is rounded to $19.76
Answer:
(a)His monthly Interest Rate=0.8%
(b)Annual Interest Rate = 9.6%
(c)
Step-by-step explanation:
For a Principal P invested at a yearly rate r, compounded m times in t years
Amount at Compound Interest= 
Comparing with Jerry's equation y=388 (1.008)
(a)His monthly Interest Rate= 0.008=0.8%
(b)Annual Interest Rate= Monthly Interest Rate X 12 =0.8 X 12 = 9.6%
(c)If I invest $500 at the same rate of return,
Total Money after m months
= 


It is obviously C. most obviously