Answer:
$509
Explanation:
First, we find the lump sum to pay under the bank terms. The interest rate is 0.5% monthly, which is equivalent to 6.2% annually.
The formula is:
Where:
- P = Present value
- i = interest rate
- n = number of compounding periods of the interest rate
- X = lump sum we need to find
Now, we simply plug the amounts into the formula:
Next, we find the value of the lump sum under the company's preferred terms:
Finally, we susbtract the two figures to find the difference:
Fishing is the leading industry in Greenland.
Answer:
the correct answer is letter C
Explanation:
Answer:
35. The sum of two numbers is greater then either number = <em>TRUE</em>
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36. The product of two positive numbers is greater than either number = TRUE
37. The difference between two integers is less than either integer = TRUE but only of positive integers.
Explanation:
35.
Let's say we have 2+3. That equals 5, which is higher then both 2 and 3 ( ofc ).
36.
Also true, you can use the same formula above to see it.
37.
Two integer's difference is less than either integer, but only if your using positive integers
