your method was incorrect.
the correct answer is:
interest accrued per month: 976.34*10.75/100*1/12= $8.75
interest from savings account: $100 * 2.75/100 *1/12 = $.23
3.difference is: 8.75 - . 23= $8.52 (answer)
4. amount towards principal after $100 payment is ($100-$8.75)= $91.25(answer)
Answer is Structural adjustment.
Structural adjustment is arrangements of progression; obliged nations to privatize state-run firms, end endowments, diminish duty boundaries, recoil size of state, welcome remote venture; answer for monetary problem of less created countries, state had excessively turn in market so the state ought to pull back, IMF took after the possibility that a littler state is better for the economy (less direction, unhindered commerce, diminished estimation of cash)
Answer: D- 9.12%
Explanation:The current net income percentage is calculated thus:
Current year net income = $59,120
Prior year net income = $53,700
diff in btw the two period = $59, 120-$53,700 = $5,420
current year net income percentage = $5,420/$59,120 = 0.0912779 *100
= 9.12%