4+4+6+6=12+8=20
hope this helps
Answer:
3.45
Step-by-step explanation:
Product, meaning multiplication would just mean that you multiply these two numbers together
Since the basis is from year 1 to year 2, calculate first for the difference of their percentages. That would be:
Difference = year 2 - year 1
Difference = 2.32% - 1.1% = 1.22%
We apply this same value of percentage increase from year 2 to year. Thus, the percentage for year 3 is:
% Year 3 = % Year 2 + percentage increase
% Year 3 = 2.32% + 1.22%
% Year 3 = 3.54%
16% is the downpayment forn9,000
