When you divide 1/12 with long division, you get 0.08333...
The 3s keep going forever, and they never end.
Answer:
48%
Step-by-step explanation:
The percent would be 48. 48%. you multiply the denominator by 4 to get 100/48. Then you covert 48/100 to get 47% because in order to multiply 100 by 4 you must multiply the numerator as well.
Answer:
$1,175.34
Step-by-step explanation:
To solve for the total amount after 7 years. We need to use the formula:

Let's first break down all the variables that we have.
P = 480
r = 13% or 0.13
n = 4 (Quarterly)
t = 7 years
Now we simply substitute the values into the formula.







The account will have $1,175.34 after the 7 year period.