Answer: Percentages help you out so you don't get cheated out of your money.
Step-by-step explanation:
When you go shopping and have to add in taxes and discounts you'll know whether or not you've spent too much or if you can spend more. They money system is based on percentages and know that will help you manage money better as a consumer.
Answer:
C
Step-by-step explanation:
Answer:
probability=events over the sample space
First, determine the effective interests given both interest rates.
(1) ieff = (1 + 0.068/12)^12 - 1 = 0.07016
(2) ieff = (1 + 0.078/12)^12 - 1 = 0.08085
Calculating the interests will entail us to use the equation,
I = P ((1 + i)^n - 1)
Substituting the known values,
(1) I = ($5125)((1 + 0.07016)^1/2 - 1)
I = $176.737
(2) I = ($5125)(1 + 0.08085)^1/2 - 1)
I = $203.15
a. Hence, the greater interest will be that of the second loan.
b. The difference between the interests,
d = $203.15 - $176.737
$26.413
Answer:
it does not.
Step-by-step explanation:
3(5)-3(4)=15
15-12=15
3=15
