im2awesome40 im2awesome40

27-10-2017
Mathematics

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How is interest similar to sales tax and markups? How is it different?

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mack8402 mack8402

27-10-2017

They are similar because they are all based on percents. They are different because interest can be added over time or multiple times. Discount is a percent that is removed and mark up is a percent that is added on.

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