If your answer was d) 3.6 , then you are correct!
APR refers to annual interest rate i e 4.5%
Difference:-
Now
Interest:-
Total savings:-
Remember the code:-
- Question's calculations mostly given in its options
Answer:
$472.5
Step-by-step explanation:
10.5x
10.5 × 45= $472.5
Answer:
C. 364.4
E. 14
F. 21
G. 96°
Answer:
Principal = Total ÷ (1 + Rate)^years
That formula is found here: http://www.1728.org/compint2.htm
Principal = 3.000 / (1.03) ^ 15
Principal = 3.000 / 1.5579674166
Principal = $1,925.59
Step-by-step explanation:
