1
So ordinary interest is 30 days collecting or gathering interest on a dollar and exact is collecting or gathering 1 year interest on a dollar.
$1
Since 1 quarter is 0.25 of a dollar, 15 quarters is 15x0.25=3.75. $3.75 plus 10 cents is $ 3.85. The answer is $3.85, or 385 cents.
15% is 15 cents. 1/5 is 20 cents.
1
1.55
So ordinary interest is 30 days collecting or gathering interest on a dollar and exact is collecting or gathering 1 year interest on a dollar.
The dollar in your pocket is worth .99 of a dollar. also nominal interest=real interest+inflation so nominal interest goes up by 1%
$1.46
8 point 9 purchase financing mean 8.9% for every dollar you borrow. For example say you want to borrow 1 dollar i say fine but you will have to owe me that dollar plus 8.9% in interest.
15 + 15 + (10 * (1 / 2)) + (10 * (1 / 2)) = 40
16 + 15 = 31
It is: 15+1+1 = 17 which is a prime number
$1
Since 1 quarter is 0.25 of a dollar, 15 quarters is 15x0.25=3.75. $3.75 plus 10 cents is $ 3.85. The answer is $3.85, or 385 cents.
15