Using a financial calculator, input the blank interest rate as a percentage to determine the annuity's present or future value.
- An interest rate provides information on how costly borrowing is or how profitable saving is. As a result, the amount you pay for borrowing money, stated as a percentage of the total loan amount, is the interest rate if you are a borrower.
- An interest rate is a fee that a lender assesses to a borrower; it is calculated as a percentage of the principal, or the loaned amount. The annual percentage rate, or APR, is typically used to express the interest rate on a loan.
- You may calculate the future value, periodic payment, interest rate, number of compounding periods, and PV using this financial calculator. Each of the tabs that follow represents a parameter that has to be calculated.
Thus, this is what interest rate means.
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The answer would be B. Lateral thinking. Hope this helps!
The writers who take several outside sources and weaves
their information into leading in arguments is a way of synthesizing.
Synthesizing is a way of having to make or produce something or combine
something such as having to combine sources and information from arguments that
will contribute to their writing.
Answer:
Concord should not sell the assembled product.
Explanation:
<u>Unassembled</u>:
Sell price: $58 - Cost $24 = Profit $34
<u>Assembled</u>:
Sell price: $75 - Cost $46 ($24 + $22) = Profit $29
Selling the assembled unit decreases the profit of Concord Corporation.