The interest of Lin is calculated for the loan to be taken, $181 for 4.5% interest rate. $179.4 Interest expense total if 3.9% interest is paid for 8 years.
<h3 /><h3>What is Interest?</h3>
Interest is the amount paid in return for loan, the interest is calculated with a percentage that is agreed when loan is provided.
Loan is charged with the interest rate.
The interest expense was calculated as $575 * 4.5% * 7 years = $181
$575 * 3.9% * 8 years = $179.4.
Mrs. Brookes will have approximately $1400 at the end of year 2.
$1200 * 1.08 = $1296
$1296 * 1.08 = $1399.68
Ben will earn $ 11,249 for Account I
Ben will earn $ 10,927 for Account II
Account I
$10,000 * 1.04 = 10400
$10400 * 1.04 = 10816
$10816 * 1.04 = 11249
Account II
$10,000 * 1.03 = 10300
$10300 * 1.03 = 10609
$10609 * 1.03 = 10927
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Answer:
Dr. Rhodes is clearly a proponent of the <u>"social cognitive career"</u> theory of job choice.
Explanation:
Social cognitive career theory (SCCT) is a generally new theory that is meant for clarifying three interrelated parts of career advancement, which includes;
- how we create interest in our academic career
- how we made choices about our educational career, and
- how we achieve success in our educational career
Thomas Jefferson was influenced by him, and included some of his ideas in the American Constitution. They also attempted to put his ideas into their new government.
The answer is during a Trial
