The cost per pound for the Gala farms is $1.20 per pound and For the Golden Orchard its $1.05 per pound. Which the Golden Orchard is better since its cheaper and costs 15 cents less.
I’m not really sure if it correct, g(1)=0 or g(1)=1??
Answer:
6.9%
Step-by-step explanation:
Interest rate is the one variable in an amortization formula that cannot be determined explicitly. An iterative solution is required, which means the computation must be done by a calculator, spreadsheet, or web site.
My TI-84 TVM Solver tells me that for the given loan amount and payment schedule, the APR is about 6.9%.
Answer:
This is the answer if any problem just ask me