Answer: Yes, it is.
Step-by-step explanation:
Sorry, I just know the answer because I just did this in school. Like- right now
Answer:
.0025
Step-by-step explanation:
.25%/100=.0025
Answer:
$1,304.70
Step-by-step explanation:
If interest 6% annually, monthly is 0.5%.
The debt in 5 months will be 800 plus compounded interest for 5 months plus new due debt
In 3 more months the debt will be 2220.201 plus compounded interest for 3 months minus payment
After 8 months the debt would be 1253.67 plus compounded interest for 8 months
Then the size of the final payment would be $1,304.70
So if 54 is 100% then 200% is double therefore 200% of 54 is 108