First we need to find what 3% of 700 is. We know 10% is 70, 5% is 35, so we need to find out what 3% is. If you don't know how to calculate percentages of a number, I recommend starting with 10%. This way you know 10% of the number is 70, so you will also know that 1% of the number is 7. 7 x 3 = 21. So 3% of 700 is 21. Since it was over 6 years, we multiply 21 x 6. That gives us 126. She will be paid $126 in interest in the first six years.
Answer:
a. Assets - Liabilities
Step-by-step explanation:
Assets/Liabilities is a management method to minimize risk. So, it cannot be the answer.
There is no formula like "Assets + Liabilities" and "Assets x Liabilities" in accounting to calculate the net worth. Therefore, those can be eliminated.
We know that net worth is calculated by deducting all liabilities (long-term and short-term) from net assets. Therefore, option (a) is the correct answer.
Answer:
2/13 or 15.38%
Step-by-step explanation:
Number of Aces in a deck = 4
Number of 7s in a deck = 4
Number of cards in a deck = 52
Probability of A or 7 = (4 Aces + 4 Sevens) / 52 cards 8 cards / 52 cards
This simplifies to 2/13 or 15.38%
I believe the answer would be 400 you take 4/5 and multiply it by 500
