Answer:
$460
Step-by-step explanation:
Thus, a product that normally costs $400 with a 15 percent discount will cost you $340.00, and you saved $60.00. You can also calculate how much you save by simply moving the period in 15.00 percent two spaces to the left, and then multiply the result by $400 as follows: $400 x .15 = $60.00 savings.
Answer:-0.125 or 1/8
Step-by-step explanation: :)
Answer:
< No
Step-by-step explanation:
Answer: 21
Step-by-step explanation:
Take 12 and multiply it by 1.75 (12x1.75) and you’ll get 21
Answer:
No, equivalent quarterly rate will be approx 1.75%
Step-by-step explanation:
Given that Chan deposited money into his retirement account that is compounded annually at an interest rate of 7%.
We know that there are 4 quarters in 1 year.
So to find that equivalent quarterly we will divide given yearly rate by number of quarters.
That means divide 7% by 4.
which gives 1.75%.
But that is different than Chan's though of 2% quarterly interest.
Hence Chan is wrong.
