Answer: salt
Step-by-step explanation:
Answer:
2.150 = 2.15
2 +15/10 > 2.15
2 + 0.015 < 2.15
215/100 = 2.15
Step-by-step explanation:
2.150 = 2.15, because 2.15 can be rewritten as 2.150.
2 +15/10=2+1.5=3.5
2 +15/10 > 2.15
3.5 > 2.15
2 + 0.015 < 2.15
2.015 < 2.15
215/100 = 2.15
2.15 = 2.15
First lets get rid of the deposit.
(0.95*6000)=5700
Formula is I=PRT
I= Interest earned
P=Principal amount (5700)
R=Rate (18% or 0.18 or 18/100)
T=Time period (2 years)
Equation:
I= 5700*2*0.18
I= 2052
But remember the question asks for monthly payments!
2052/24 (12 months in a year and T= 2 years)
Answer=$85.50
