Status Updates From Everyday Mathematics Made E...
Everyday Mathematics Made Easy: A Quick Review of What You Forgot You Knew (Volume 2) (Everyday Learning, 2) by
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Sophie
is on page 261 of 272
Calculating Depreciation (the loss of value of a vehicle)
formula: V = A ( 1- B/100 ) to power C
V = current value of vehicle
A = amount you paid for the vehicle
B = rate of depreciation per year of ownership
C = number of years of ownership
— Aug 26, 2021 04:59PM
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formula: V = A ( 1- B/100 ) to power C
V = current value of vehicle
A = amount you paid for the vehicle
B = rate of depreciation per year of ownership
C = number of years of ownership
Sophie
is on page 236 of 272
APR: Annual Percentage Rate is used to compare loans.
APY: Annual Percentage Yield is used to compare saving accounts.
According to the US government requirement, banks are required to show the APR and APY whenever they advertise a loan or saving account.
— Aug 26, 2021 04:54PM
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APY: Annual Percentage Yield is used to compare saving accounts.
According to the US government requirement, banks are required to show the APR and APY whenever they advertise a loan or saving account.
Sophie
is on page 231 of 272
Compound Interest
formula: A = P(1+R)to the power T
A = amount of money in principal and interest you'll receive from the bk for a saving account over a specific time period
P = original principal amount
R = interest rate for the time period
T = time period in days/weeks/months.ect
— Aug 26, 2021 04:50PM
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formula: A = P(1+R)to the power T
A = amount of money in principal and interest you'll receive from the bk for a saving account over a specific time period
P = original principal amount
R = interest rate for the time period
T = time period in days/weeks/months.ect
