Answer:
the answer depends on which type of interest we use:
- simple interest rate = 24%
- compound interest rate = 26.82%
Step-by-step explanation:
the interest rate paid for holding the cards one month 1/50 or 2%.
to convert 2% monthly interest rate to a simple annual rate:
monthly rate x 12 months = 2% x 12 = 24%
now to convert 2% monthly interest rate to an annual rate (using compound interest):
- = (1 + r)ⁿ - 1
- = (1 + 0.02)¹² - 1 = 1.2682 - 1 = 0.2682 or 26.82%
in compound interest, earned interest earns even more interest by itself besides the interest earned by the principal.
Answer:
28.57% drop
Step-by-step explanation:
Number of runs
- Last year = 28
- This year = 20
Change this year:
Change %:
Answer:
9x
Step-by-step explanation:
let's say that x is the number we don't know
the product means multiplication
9*x=9x
so the answer is 9x
Step-by-step explanation:
3x - y = 74
4y = x
Replace x in the first expression by 4y
3x - y = 74 ➡ 3(4y) - y = 74
12y - y = 74
11y = 74
y = 74/11 we can use this to find x
4y = x
4 × 74/11 = x
296/11 = x
<h2>169</h2>
In this problem, we need to use squaring method.
5² means 5 × 5
5² = 25
12² means 12 × 12
12² = 144
So, simplify these statements:
5² × 12²
25 + 12² (Simplify 5², which means 5 × 5)
25 + 144 (Simplify 12², which means 12 × 12)
We get the answer:
25 + 144 =
<h3>169</h3>
<em>Hope this helps :)</em>
