Answer:
True Plan A will be worth more than plan B after two years.
True Plan A will be worth more than plan B after one year.
False Plan B will be worth more than plan A after three years.
False Plan B will be worth more than plan A after four years.
Step-by-step explanation:
plan A proves 10% Standard interest as it is $100 every year
plan B proves $50 per year Standard interest and may increase if this was CI interest as it may include interest on interest but nothing was mentioned that Plan B was CI type interest or any different from plan B type.
Because of this we can only agree option 1+2 out of 1-4 is true.
Answer:
5924, 51
Step-by-step explanation:
X = 4200(1.035)^10
And put it in a calculator
Answer:
Total cost of repayment
Net interest paid
Step-by-step explanation:
Given
Amount taken on loan
Repayment plan
Monthly installment
Yearly installment
Rate of interest per year %
Time Period for repaying the loan years
The total amount repaid by Jameson at the rate of per month for next months
Net interest paid
Total cost of repayment
Net interest paid
Answer:
$30.38
Step-by-step explanation:
28 x 1.085 = 30.38
Answer:
180 grams
Step-by-step explanation:
grams of dark chocolate= 200 % cocoa =60%
Grams of milk chocolate: 200 % cocoa=30%
Amount of cocoa in mixture:
(proportion of milk chocolate+ dark chocolate)
(30% of 200)+60% of 200)
(0.3* 200)+(0.6 *200)
60+120
=180 grams