Original APR = 10.22% compounded monthly.
Original effective interest rate, compounded monthly
= (1+(0.1022/12))^12
= 1.10712576
Original effective interest rate, compounded daily
= (1+(0.1022/365)^365
= 1.107589126
Difference in rate due to compounding periods
= 1.107589126 - 1.10712576
= 0.00046336
= 0.04634%
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Answer:
The new amount paid to mechanics per after by new owner is $ 19 Answer
Step-by-step explanation:
Given as :
The amount paid to mechanics initially = $ 20 per hour
Now, The new owner paid less at the rate = 5%
Let the amount paid to the mechanics after 5 % less = x per hour
So, According to question
The new amount paid to mechanics per hour = initial amount paid per hour × ( 1 - )
or, The new amount paid to mechanics per hour = $ 20 × ( 1 - )
I.e The new amount paid to mechanics per hour = $ 20 × 0.95
∴ The new amount paid to mechanics per hour = $ 19
Hence The new amount paid to mechanics per after by new owner is $ 19 Answer
Answer:
how does what work?
Step-by-step explanation:
Answer:
15 have no flowers, 6 have pink flowers, and 9 have red flowers.
Step-by-step explanation:
If we add the percentages we get 50%. That means half of the plants (15 of the 30) have no flowers.
Since we have taken away half of the plants, we have to double the percentages. So 20% becomes 40% and 30% becomes 60%.
So now we get 40% of 15, which is 6, and 60% of 15, which is 9.
Another way of doing the last step is just subtracting the 6 from the 15 to get the 9.