The annual interest rate on a certain savings account increases from 1.25% to 1.5%. What percent increase
Question:
The annual interest rate on a certain savings account increases from 1.25% to 1.5%. What percent increase in the annual interest rate does this change represent?
a. 0.2%
b. 0.25%
c. 0.167%
d. 20%
e. 25%
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 25% (4 reviews)
D The percent change formula is so plugging the numbers from ...View the full answer
Answered By
Sarfraz gull
have strong entrepreneurial and analytical skills which ensure quality tutoring and mentoring in your international business and management disciplines. Over last 3 years, I have expertise in the areas of Financial Planning, Business Management, Accounting, Finance, Corporate Finance, International Business, Human Resource Management, Entrepreneurship, Marketing, E-commerce, Social Media Marketing, and Supply Chain Management.
Over the years, I have been working as a business tutor and mentor for more than 3 years. Apart from tutoring online I have rich experience of working in multinational. I have worked on business management to project management.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
1014 Practice Questions For The New GRE
ISBN: 9780375429682
2nd Edition
Authors: The Princeton Review
Question Posted:
Students also viewed these Business questions
-
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
XYZ purchased an equipment worth of $150,000 including insurance cost $30,000 and duty cost $20,000 on May 15, 2018. They have decided to capitalize the $35,000 installation charge instead of $20,000...
-
You are saving for retirement. To live comfortably, you decide you will need to save $2 million by the time you are 65. Today is your 30th birthday, and you decide, starting today and continuing on...
-
Explain the meaning of the statement that the "marketing research industry thrives off derived demand."
-
In 1951, DuPont began using the chemical perfluorooctanoic acid to manufacture Teflon. Due to the dangerous nature of the chemical, DuPont was given special instructions by its supplier to dispose of...
-
Youre the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Europe. Your market research has identified three potential market opportunities: England,...
-
3. Design NAND-NAND implementation for following functions: a) F1(x, y, z) = (x + y + z)(x' + y' + z') b) F2(x, y) = xy + x'y
-
A friend says that the reason why you feel uncomfortable in muggy weather is that water molecules in the air are giving up energy while bombarding you. Do you agree or disagree with your friend?
-
Halfway through the season, Antonios scoring average per game was 20% higher than Davids. The two scored the same number of points in the second half of the season. a. Quantity A is greater. b....
-
a is 40% of 4518 is b% of 90 a. Quantity A is greater. b. Quantity B is greater. c. The two quantities are equal. d. The relationship cannot be determined from the information given. Quantity A a...
-
Write the query that will show only the duplicate customer records.
-
Corporation sells 66,000 iPhone covers each year. These covers are sold evenly throughout the year. Ordering costs are 120 per order, and carrying costs are $11.00 per unit per year. What is the...
-
Do you think every employee of an organization must have organizational citizenship behavior to achieve its goal? Justify.
-
You are looking through a filter that makes the sun just barely visible to your eye. What is the optical depth of the filter?
-
A company is embarking on a "lean" initiative -- they plan to do more with less. The lean initiative will reduce inventory levels and reduce net working capital in the operation for each of the years...
-
Prepare the 2020 and 2021 common-size balance sheets for Just Dew It. (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Just Dew...
-
Joan is a self-employed attorney in New York City. Joan took a trip to San Diego, CA, primarily for business, to consult with a client and take a short vacation. On the trip, Joan incurred the...
-
The pendulum consists of two rods: AB is pin supported at A and swings only in the y-z plane, whereas a bearing at B allows the attached rod BD to spin about rod AB. At a given instant, the rods have...
-
Peacock males have evolved to have huge, beautiful tails with numerous large eye spots. Long, colorful tails are difficult to carry when you are running from a predator. However, peahens (female...
-
Evolution does not occur when a population is said to be in equilibrium by the Hardy-Weinberg definition. In the situation above, which of the following does NOT support the claim that evolution will...
-
What is most likely to occur with respect to the number of red-haired individuals on the island? (A) There will be no change in the overall number of red-haired people in the population over time....
-
Negotiation Game for two students Student A You are the CEO of an Accounting company Your employees rely on their computers for work every day. You want to buy 100 new computers for your company but...
-
Is Positive Psychology used in therapy a better form of therapy then clinical psychology?
-
what ways do social theorists grapple with the complexities of power dynamics, including issues of domination, resistance, and hegemony, within various societal frameworks ?
Study smarter with the SolutionInn App