Answer:
too
Step-by-step explanation:
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First, determine the effective interests given both interest rates.
(1) ieff = (1 + 0.068/12)^12 - 1 = 0.07016
(2) ieff = (1 + 0.078/12)^12 - 1 = 0.08085
Calculating the interests will entail us to use the equation,
I = P ((1 + i)^n - 1)
Substituting the known values,
(1) I = ($5125)((1 + 0.07016)^1/2 - 1)
I = $176.737
(2) I = ($5125)(1 + 0.08085)^1/2 - 1)
I = $203.15
a. Hence, the greater interest will be that of the second loan.
b. The difference between the interests,
d = $203.15 - $176.737
$26.413
Answer:
Read below
Step-by-step explanation:
a) 
b) 
(The reason both numerator and denominator can both be negative is because the negative cancel each other out and still simplify to 
)
1. Amount of Commission >>>
The commission is 6% of all sales.
Given,
Sales = $57,000
We will calculate 6% of 57,000. Shown below:
Answer: $3420
2. Gross Pay >>>
The gross pay is monthly salary plus commissions.
Given,
Monthly Salary = $2440
Commision Pay = $3420
Thus,
Gross Pay = $2440 + $3420 = $5820
Answer: $5820
1100 miles
this is because u first have to find the miles she drove in january. since she drove 3 times as much in march than in january, u divide or 825 divided by 3 to get 275. since she drove 4 times as much in february of january, u multiply 275 by 4 to get 1100.
hope this helps! :)
