Answer:
$15 1/10
Step-by-step explanation:
Given that :
Total amount to spend = $30
Amount spent on Gift A = $9 1/4
Amount spent on Gift B = $5 4/5
Amount left to spend on gift C ;
$30 - (9 1/4 + 5 4/5)
$30 - (37/4 + 29/5)
$30 - (185 + 116)/20
$30 - 298/20
30/1 - 298/20
$(600 - 298) / 20
$302/20
$15 2/20
= $15 1/10
1.75%
The monthly interest rate is the interest amount divided by the base on which it is computed, expressed as a percentage.
$4.96/$283.15 × 100% ≈ 1.75172% ≈ 1.75%
D) 2.5
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