Answer: 1/2
Step-by-step explanation:
1 1/2 = 3/2
1/3 * 3/2 = 1/2
Pick any number that at bigger than 2.5 like 3 and 3.5
Interest=percent times rate(in years) times principal.
Or I=PRT
So you invest $580 so I=$580 Rate would be .10 and time would be 1 for one year. So if you put this into the formula you get
$580=P(.65)(1)
So $580=.65P so $580/.65=P so P is approximately $892.31 per year.