Answer:
The right choice is Esther's
Step-by-step explanation:
Present worth of GH¢ after 3 years is better as its present really worth may be very high than GH¢ a thousand of today. Here fee of interest is not given to compare however GH¢ 3000 after three years will be equivalent to present well worth GH¢ 1000 if charge of interest >44.5% which may be very very excessive. Thus charge of interest > 44.5% Then GH¢ 3000 payable after 3 years could be equivalent to GH¢ 1000 Hence vide has made the proper preference. If interest price >44.5%.
Then Esther's preference will he right. (thinking about time value of money).
Answer:
i think its the third one
Step-by-step explanation:
Answer:
10 to the 4th power
Step-by-step explanation:
the decimil point was moved four spaces to the right resutiong to the 4th power.
Answer:
<u> $50</u> is <u>27.02%</u> of <u>$185</u>.
Step-by-step explanation:
Money spent on clothing = $50
Money spent on Groceries = $100
Money spent on Gas = $35
Total money spent = $185
Our question is to find the percentage of total money that is spent on clothing.
Percentage money on clothing =
× 100
=
× 100
= 27.02% (approx)
Hence,<u> $50</u> is <u>27.02%</u> of <u>$185</u>.