Answer:
69%
Step-by-step explanation:
Answer:
I think the answer is x = 10/3
Step-by-step explanation:
I hope this helps :)
The answer to this problem would be 2.5.
Answer:
$120
Step-by-step explanation:
Answer:
Option 4.7% = 3,500 x 4.7% =$164.50 simple annual interest.
82.25 this is what Scott will pay in 6 months at simple interest.
Option 4.2% =3,500 x (1 +0.042/12)^6 =3,500 x 1.0035^6=$3,574.15.
3,500 =$74.15 this is what Scott will pay in 6 months at compounded interest.
The compound option is cheaper by: 74.15 =$8.10.
