Divide 2/3 by 3/64 and you will get the number of cups of punch. It doesn't come out evenly, but that's the way to do this.there is a total of 2/3 gallon of punch. Each guests has a cup of 3/64 gallon of punch. Now many 3/64 gallon of punch can you fit in 2/3 gallon of punch, that will tell you how many guests there are. so naturally we want to divide<span> ( 2/3 ) / ( 3/64).</span>
Answer:
12 years if interest is paid yearly
12 months if interest is paid monthly
Step-by-step explanation:
2.75% of $1500 is $41.25 interest per period
$1995-$1500 = $495 total interest
$495 ÷ $41.25 = 12 periods
Therefore it takes 12 interest periods to reach $1995, so the answer is 12 months or 12 years depending on how often interest is paid.