The lender would benefit from compounded interest, providing the money which was loaned is paid back. Lenders add interest charges to loans so that they can earn a healthy profit and also mitigate risks. Lending out money can be a risky business, which is precisely why lenders perform credit and background checks on clients before handing out loans.
Answer:
Amount of commission earned = $225
Step-by-step explanation:
Commission rate = 25%
Sales amount = $900
Find the amount of commission earned by the salesperson
Amount of commission earned = Commission rate × Sales amount
= 25% × $900
= 25/100 × $900
= 0.25 × $900
= $225
Amount of commission earned = $225
Answer: 26
<u>Step-by-step explanation:</u>
Solve for n = 5
90. This is because a whole term is 360 degrees. So divide it by 4 to get the answer of a quarter term. Same goes for half term, dived 360 by 2 to get 180 degrees.