Not exactly
2/10 = .2
1/4 = .25
1/4 is 0.05 bigger than 2/10
12,0
0,10
Step-by-step explanation:
BAF and FAD I took the test !
<span>$100 discount loan for 7%
1) Pay back $100 in one year
2) Receive $93, today.
$540 discount loan for 12.5%
1) Pay back $540.00 in 90 days.
2) Receive WHAT, today? It's less than</span>