You must multiply $25.40 x .058 = $1.47. Remember a percent is LESS than 1, therefore .058 is 5.8% You need help with representing a fraction or percentage as a multiplier factor. UNDERSTAND the question
You must multiply $25.40 x .058 = $1.47. Remember a percent is LESS than 1, therefore .058 is 5.8% You need help with representing a fraction or percentage as a multiplier factor. UNDERSTAND the question
At simple interest is $1,200 over 6 years or $200.00 per year. $200.00 divided by $5,000 is 2/50, 1/25 or 4%