2 years ago

Differentiate between interest and interest rate

Mathematics

1 answer:

vodka [1.7K]2 years ago

5 0

Answer:

<h3 /><h3>Interest:</h3>

Interest is the cost of borrowing money, and the money you earn from your savings.

<h3 /><h3>Interest rate</h3>

Interest rates indicate this cost or return as a percentage of the amount you are borrowing or lending (since you are “lending” your savings to the bank)

<h3>❤◍ jess bregoli ◍❤</h3>

#keep learning!!

You might be interested in

If you place a 34-foot ladder against the top of a building and the bottom of the ladder is 25 feet from the bottom of the build

Nat2105 [25]

Answer:

Step-by-step explanation:

Since it says round to the nearest tenth of a foot, I might be wrong. But anyways I hope this helps!

3 0

2 years ago

Read 2 more answers

Graph. y+4=2/5(x−3) plz help

Dominik [7]

Answer:

Step-by-step explanation:

Use DESMOS to make the graph. You can either rearrange the equation to put it in the form y = mx + b, or leave it as written. The attached graph, has bot, and they overlap.

y+4=2/5(x−3)

y = (2/5)x-5.2