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Trevor plans on buying a car. Four banks offer the annual interest rates shown. Which list shows these interest rates in order from greatest to least?

User Zoku
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1 Answer

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Complete question :

Trevor plans on buying a car. Four banks offer the annual interest rates shown.

Which list shows these interest rates in order from greatest to least

3 1/10%, 3 2/5%, 3 1/4%, 3 1/3%

Answer:

3 2/5% ; 3 1/3% ; 3 1/4% ; 3 1/10%

Explanation:

Arrange the given interest rates in order ; greatest to least :

To make comparison easier, we can convert the fractional values to decimal ;

3 1/10%, 3 2/5%, 3 1/4%, 3 1/3%

3 1/10% = 3 + (1/10 = 0.1) = 3 + 0.1 = 3.1%

3 2/5%, = 3 + (2/5 = 0.4) = 3 + 0.4 = 3.4%

3 1/4%, = 3 + (1/4 = 0.25) = 3 + 0.25 = 3.25%

3 1/3% = 3 + (1/3 = 0.333) = 3 + 0.333 = 3.33%

Hence, arranging in descending order (greatest to least) :

3 2/5% > 3 1/3% > 3 1/4% > 3 1/10%

3 2/5% ; 3 1/3% ; 3 1/4% ; 3 1/10%

User Andrii Chernenko
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