Answer:
$6
Step-by-step explanation:
So we get 5 hrs.
1____2____3____4____5
$2 + $1 + $1 + $1 + $1 = $6
Answer:
b. interest rate per period
Step-by-step explanation:
We know that
Annual interest rate is APR or (r)
Po is initial amount
n is number of periods
t is time in years
A is the amount after t years
so,
i is the interest rate per period
Hence ,
answer is
i is the interest rate per period
.50 x 2 < .20 x 100
1 < 20
50% of 2 is not greater than 20% of 100.