X=4 & y=3
Explanation:
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Answer:
2n + 11
Step-by-step explanation:
You can combine 4n and -2n.
You get 2n + 11
Answer:
Explanation:
<u>1. Calculate the monthly interest owed during year 1</u>
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- <em>Interest for first year: 8%</em>
- The monthly rate is the yearly rate divided by 12: 8% / 12 = 0.08/12
- The monthly interest owed is the monthly rate times the balance: (0.08/12)×$1,800 = $12.00
<u>2. Calculate the monthly interest owed during year 2</u>
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- <em>Interest for second year: 23%</em>
- The montly rate is the yearly rate divided by 12: 23% / 12 = 0.23/12
- The monthly interest owed is the monthly rate times the balance: (0.23/12)×$1,800 = $34.50
<u>3. Calculate the difference</u>
- Difference in the monthly interest owed during year 1 and year 2 = $34.50 - $12.00 = $22.50
Hence, the answer is the option c) $22.50
Answer:
The amount of Kroner that can be bought from 1/5 of one dollar.
Step-by-step explanation:
We have been given that goods that cost 1/5 of one dollar in the U.S. cost one kroner in Denmark. We are asked to find the the real exchange rate that would be computed as how many Danish goods per U.S. goods.
The real exchange rate tells us how much foreign currency can be exchanged for a unit of domestic currency.
It also tells us that how much the goods and services in the domestic country can be exchanged for the goods and services in a foreign country.
Therefore, the real exchange rate would be the amount of Kroner that can be bought from 1/5 of one dollar.
Answer:
Step-by-step explanation:
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