Answer:
Explanation:
<u>1. Calculate the monthly interest owed during year 1</u>
<u />
- <em>Interest for first year: 8%</em>
- The monthly rate is the yearly rate divided by 12: 8% / 12 = 0.08/12
- The monthly interest owed is the monthly rate times the balance: (0.08/12)×$1,800 = $12.00
<u>2. Calculate the monthly interest owed during year 2</u>
<u />
- <em>Interest for second year: 23%</em>
- The montly rate is the yearly rate divided by 12: 23% / 12 = 0.23/12
- The monthly interest owed is the monthly rate times the balance: (0.23/12)×$1,800 = $34.50
<u>3. Calculate the difference</u>
- Difference in the monthly interest owed during year 1 and year 2 = $34.50 - $12.00 = $22.50
Hence, the answer is the option c) $22.50
Answer:
41
Step-by-step explanation:
Divide 2818 by 70 and it comes out to: 40.2571429 it is not 40 because their is still some left over so there will be 41 ferry's and one of them will not be a full ride!
Answer:
5280
Step-by-step explanation:
if u times them all up first u get 60 times 11 witch = 660 and then i times 660 and 8 to get 5280
n = a number
2n = twice a number
2n - 7 = seven less than twice a number
