Answer:
to change a decimal number to a percent you would take the number and put it over a hundred, right now that would be 2/10,
So you need to add another 0 to the end of your 2 to make it in the hundredths place,
now you have 0.20, which is 20/100 which equals 20%
Step-by-step explanation:
The method that results in more money after 2 years is Peggy's investment.
<h3>Which method results in more money in 2 years?</h3>
The formula for calculating the future value of an investment:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value
- R = interest rate
- m = number of compounding
- N = number of years
Future value of Larry's investment: $350 x [1 + (0.04/4)]^(4 x 2) = $379
Future value of Peggy's investment: $350 x [1 + (0.06/12)]^(12 x 2) = $394.51
To learn more about future value, please check: brainly.com/question/18760477
#SPJ1
To find the percent of 15 out of 60, you have to divide fifteen by sixty.
Then, you multiply your answer by 100. (We do this because 100 percent is a exact amount. 100% of sixty is...well, sixty.)
15 / 60 = 0.25
Now, we can multiply 0.25 by 100:
0.25 * 100 = 25 (basically just moving the decimal two places to the right.)
Next, add a percent sign:
25%, is your answer.
15 is 25% of 60.
3,360
............................................................
