Janet and mercy wants to borrow $50,000 for 120 days to finance their business
security bank charges 11% exact interest while state savings and loan charges
12.5% ordinary interest.
calculate the maturity value at each bank,
which is the best bank for them to borrow the money?

When rates are expressed as a quantity of 1, such as 2 feet per second or 5 miles per hour, they are called unit rates. if you have a multiple-unit rate such as 120 students for every 3 buses, and want to find the single-unit rate, write a ratio equal to the multiple-unit rate with 1 as the second term.