Check my consumer math homework answers please! Will give medal to the best answer.

Question

dinorap1 · Answer

attachment

dinorap1 · Answer

@ganeshie8 Just tagging random people

ganeshie8 · Answer

all look good except the first problem

ganeshie8 · Answer

I think you should add "interest" also to the income ?

dinorap1 · Answer

Yeah that's the one I'm confused about too. I'm not sure if interest can be considered profit

dinorap1 · Answer

Are you sure the other ones are right?

ganeshie8 · Answer

yeah 2,3,4 are correct. good job!

ganeshie8 · Answer

i think we should consider "interest earned" as income

dinorap1 · Answer

Okay thank you! 

I think C for number 1 is probably right, but I'm only unsure because it doesn't say interest income or anything like that. It only says interest...

ganeshie8 · Answer

the only income to individual financing people is interest right ?

dinorap1 · Answer

Yep

dinorap1 · Answer

So how sure are you that C is the answer to number 1?

dinorap1 · Answer

@ganeshie8 I got a 4/4, and you were right about number 1. Thank you so much!

ganeshie8 · Answer

Awesome!