Direct

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question

Direct debit is a free service and you qualify for a 0.25% interest rate reduction when actively making payment on direct debit 

if you have a student loan on which you pay interest at a rate of 6.8% what will your interest rate be if you sign up for direct debit ? 

Why 0.25 percentage point interest rate reduction instead of 0.25% interest reduction 

What will the interest rate be on your 6.8% loan if you signup for direct debit?  

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON