Money Birute deposited in a savings account = $500
Rate of simple interest per annum = 1.3%
▪︎We need to find the interest she will earn in 4 years.
We know that :
In this case :
Principal = $500
Rate = 1.3%
Time = 4 years
Which means :
The simple interest she will earn in 4 years :
Thus, the simple interest she will earn in 4 years = $26
Amount = Principal + Interest
Amount she will gain after 4 years :
Thus, the amount she will gain after 4 years = $526
Amount change in her account = 526 - 500 = 26
We know that :
Which means :
Percentage of change in her savings account :
<h2>○=> Therefore :</h2>
▪︎Simple interest after 4 years = $26
▪︎Money she will earn after 4 years = $526
▪︎Percentage of change in her savings account = 5.2%
Answer:
1
Step-by-step explanation:
Range is when you subtract the greatest to smallest.
So
3-2=1
Discount points are normally a type of prepaid interests that lowers the interest on subsequent payments for mortgage borrowers pay.
Each of the points is given by:
1 point = 1% of the mortgage value.
Therefore,
Cost of discount points = 0.01*519,000*3 = $15,570
Cost of origination points = 0.01*519,000*2 = $10,380
In this regard, option B. is the correct answer on the cost of discount and origination points respectively.
Answer:
6
Step-by-step explanation:
We use rates to solve this so we do 28/4=7.
Using that, we know he can do 7 quizzes in 1 week.
Now 7 times 6= 42 right? so do 1 times 6.
The final answer is 6 weeks.
Hope this helps :)