Answer:
The statement is false.
Step-by-step explanation:
- Interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (i.e., the amount borrowed), at a particular rate.
- It is distinct from a fee which the borrower may pay the lender or some third party. It is also distinct from dividend which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a particular rate decided beforehand, rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs when the revenue earned exceeds the total costs.
Hence, the given statement:<em> The amount of interest you pay does not depend on the method the lender uses to calculate interest is FALSE.</em>
Answer:
Step-by-step explanation:
Answer: we have 2,200milliters, 1000milliters, 1800milliters.
Step-by-step explanation:
Step 1
1 Liter= 1000 millilitres
5 liters = 5000 millilitres
Step 2
Dividing 5000 ml in the ratio 11:5:9
First, we find the Total ratio = 11+5+9 = 25
Such that
First part = 11/25 x 5000 = 2,200milliters.
Second Part = 5/25 x 5000=1000milliters.
Third part =9/25 x 5000=1,800milliters.
Answer: Its B
Step-by-step explanation:
