T%he annual interest rate for Jack's savings account increased from 1.5% to 2.8%. Complete parts (a) and (b) below. a. Describe the change as an absolute change in terms of percentage points. The...
T%he annual interest rate for Jack's savings account increased from 1.5% to 2.8%. Complete parts (a) and (b) below.
a. Describe the change as an absolute change in terms of percentage points.
The annual interest rate increased by---percentage points.
b. Describe the change as a relative change in terms of a percentage.
The annual interest rate increased by ---%.
ASAP Please!
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T%he annual interest rate for Jack's savings account increased from 1.5% to 2.8%. Complete parts (a) and (b) below. a. Describe the change as an absolute change in terms of percentage points. The...
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80 The price of the consol is $ b. You are concerned that the interest rate may rise to 6 percent. Compute the percentage change in the price of the consol and the percentage change in the interest rate. Compare them. Instructions: Enter your response for dollar amounts rounded to the nearest penny (two decimal places ) and answers for percentages rounded to the nearest tenth (one decimal place). The new price of the consol would be $ 66.67 20...
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pic 2), explaining the steps and writing out the Excel
formulas.
You just won a prize of $5,000 at the local talent show. You can receive the money all up front (t=0), or get a series of monthly or weekly payments as described below. In all cases, your discount rate is 5% APR (annual percentage rate). You may choose to get 39 monthly payments, with the first payment...
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