Answer:
8.8%
Step-by-step explanation:
We first divide the new amount by the original and close it with brackets.
Our one year will be shown as 1/1 as an indices
(761.60/700)^1/1
= 1.088
We then convert it to 0.088 and times it by 100.
0.088×100= 8.8% Compound interest rate.
This is correct as:
700×1.088= 761.6
Have a nice day! :)
I dont know what your asking but i would like to have the points thanks.
Answer:
4/3
Step-by-step explanation:
4/10 / 3/10
4/10 * 10/3
The 10s cancel out and you are left with
4/3

Here, we want to simplify the given expression
We shall use the order of simplification for this
The order is PEDMAS
We shall start with the terms in parentheses before we move to the exponents
We have;

Next is the exponent

The next thing to do is to divide

The next thing to do is to multiply

We then proceed to subtract;