Im not sure what the question is revolving this statement, but it is true and all lands will develop differently due to its geographic landscape
First we need to solve the finance charge without the changes.
B = A (1 + ti)
where
t is the number of years, 60 months or 5years
i is the interest rate per year, 18% or 0.18
A is the principal amount, %15,600
B is the amount after t years
so,
B =$15,600 ( 1 + 0.18 x 5 )
B = $15,600 ( 1 + 0.9 )
B= $15,600 (1.9)
B= $29,640.
The finance charge without the changes is $29,640(amount after 5 years) - $15,600(principal amount) = $14,040.
Applying the changes, the principal amount would be $15,600 - $8,500 = $7,100, the number of years will be 2 years (24 months)in equation
B = $7,100 (1 + 0.18 x 2)
B = $7,100 (1 + 0.36)
B = $7,100 (1.36)
B = $9,656, the finance charge with the changes is $9,656 - $7,100 = $2,556.
The changes Jerry made can save $14,040 - $2,556 = $11,484.
Answer: False
The general answer is "false," although this answer depends on the context you are referring to, as some cultures have very liberal courtship systems or strict dating systems.
However, in the West, traditional courtship systems were quite strict until the Industrial Revolution. Courting was seen as necessarily leading up to marriage, and was carried out within tight social circles. During the twentieth century (and particularly during the second half), courtship became more liberal and dating began to emerge. This was due to the independence that young people enjoyed in modern, urban life and to the increased interaction of both genders in social life.
