The equation for compound interest is:
Where r is the interest rate and n is the number of times per year it's applied.
Annually n = 1 and 7% interest r = 0.07
The quarterly rate 2% is already quartered 0.02 = r/n .
You can see that Alexander is incorrect. A quarterly compound interest rate of 2% will accrue more interest than a 7% compound annual interest rate.
1.7% compound quarterly
I think you can take 3 out of the 30 so you'll have 2x10 left, that then turns into 20
Answer:
1
Step-by-step explanation:
= -2 + 7 + (-4)
=5+(-4). (because positive and negative form negative)
=5-4
=1
Answer:
one over six
Step-by-step explanation:
https://simplisico.com/share/q/b23jZcLBnO12J0Q8pn0y17i4
Lets say the smallest number is x
Then the larger on is x+8
Since x+x+8=23
x=7.5
7.5+8=15.5