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Would you rather receive simple interest at the rate of 10 percent per year or 1 percent per month Explain?
Wiki User
∙ 13y ago
1% because in a year itll be 12% instead of 10%
Wiki User
∙ 13y ago
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When might it be easier to use the percent equation rather than the percent proportion?
It might be easier to use the percent equation rather than the percent proportion when you are multiplying and dividing.
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Yes, because (s)he could invest 1100 today and draw out 100 per month. That would provide the same capital stream but there would be the interest as a bonus.
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Ha ha ha ha... Really? Well, I would rather recomend the use of a calculater in cases like this... a TI-30XS (Texas Instruments) would help. Anyways the answer is 77.777777777 percent or it can also be stated as 77&(7/9) percent... Hope it helps anyone.
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Unfortunately no banks offer a credit card with purely 0 percent interest rather, they offer an introductory period where, for a certain period of time, the interest will be zero percent.
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The framing effect can explain why a person would feel better about having a 2 percent chance of living.
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well technichally you could say that the renaissance was direct cause for atheism as it sparked an interest in life on earth rather then life after death.
How much would 125 invested at 8 percent annual interest compounded continuously be worth after 16 years?
It would be worth 428.24 if the interest was added on once each year. If the interest were to be compounded monthly rather than annually the value would be 447.67
If an individual's cost of capital were 10 percent heshe would prefer to receive 107 at the end of one year rather than 100 right now?
true
Which would you rather have 12 percent of 330 or 330 percent of 12 explain your answer by detailed calculation?
They both result in the same answer, I'm not sure where you're headed with this question. :P 330 / 100 * 12 = 39,6 12 * 3,3 = 39,6
Would you rather receive a 1000 today or 2000 in 10 years with a discount rate of 8 percent?
1000 today since I am not sure I will be alive in 10 years to collect the 2000.
How much will 20k earn in 5 yrs if invested at 10 percent compounded semiannually?
If every six months the capital earn 10% interest which is compounded, at the end of 5 years, the interest will be 31875. If the annual interest rate is 10%, it makes no difference how often it is compounded. The six monthly interest rate is adjusted - to 4.88% rather than 5% - so that the total interest for a year is 10%.
How do you do add math project form 5?
In order to do addition for math problems on Project Form 5, we will need to know what the actual equation is. If you need help with math, contact your teacher, tutor, or receive help from using a calculator.
What percent of the world would rather be upgraded then deleted?
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Why do people wait till near death to receive penance?
I would have though that they would rather receive forgiveness than penance.
