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
Learn more about Interest at brainly.com/question/27405159
#SPJ1
1) the increase in the number of women in the workforce. 2) the increase in the number of people who work at home. 3) the increase in the share of people who work in service industries.
A lot. Sadly there are also a lot of Americans who believe that everything will just be handed to them. You must earn what you want.
Answer: In the South, it encouraged proslavery, secessionist elements to make bolder demands in Congress. For many Northerners, the Dred Scott decision implied that slavery could move, unhindered, into the North, and Southerners viewed the decision as a justification of their position.
Explanation:
Answer:
uk government and there oaw
