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Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter1: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1DE
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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?  

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