Answer:
$160
Step-by-step explanation:
In the monthly payment option she would pay $80 per month, therefore in a year (12 months) she would pay:
$80*12 = $960
We can see that this amount is greater than the $800 she would pay in the lump sum payment option.
The money she would save is:
$960 - $800 = $160
She would save<u> $160 yearly</u> with the lump sum payment option.
The answer would be 6.4% because you have to do 16% of 40 and it will give you 6.4 and as a percent it is 640%
Percent means per 100
multiply .015 x 100 (move decimal point 2 places to the right(
answer is 1,5%
hope this helps
B. no the answer isn't reasonable, it should be about 3 quarts.
