obbiesco123

04.11.2021 • 

Business

While crossing the street, Bobby does not go to a crosswalk but proceeds to illegally cross the street without even checking to see if any vehicles are coming. Steve sees Bobby in the street, notices that he is not in the crosswalk, and proceeds to hit Bobby with his vehicle because he believes that Bobby should be taught a lesson about how to cross the street. Steve does slow down somewhat and only causes Bobby some significant bruising, but Bobby is angry and sues. Required:
What is most likely to happen in a contributory negligence jurisdiction?

Ответ:

Ashley2466

10.07.2021

Business

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6%

Explanation:

In order to calculate the interest that Mary paid on her loan, we must first calculate the increased interest by dividing her total paid by the initial loan like so...

$8,480 / $8,000 = 1.06

This is the increased interest rate in decimal form. Now we must subtract by 1 and multiply by 100 to turn this into a percentage.

(1.06 - 1) / 100 = 6%

Now we see that the total interest rate that Mary paid on her loan was 6% which would sum up to be $480 on top of her initial loan.

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