Answer:
2% per year.
Step-by-step explanation:
Solving our equation
r = 960 / ( 12000 × 4 ) = 0.02
r = 0.02
converting r decimal to a percentage
R = 0.02 * 100 = 2%/year
The interest rate required to
accumulate simple interest of $ 960.00
from a principal of $ 12,000.00
over 4 years is 2% per year.
The answer is compound inequality
Answer:
To determine the common ratio of a geometric sequence. You just need to divide any two consecutive terms on it. You can see below that all of them have the same quotient.
1.2 / 1.5 = 0.8
0.96 / 1.2 = 0.8
0.768 / 0.96 = 0.8
.
Decimal form = 0.8
Fraction form = 4/5
.
Check:
1.5 x 0.8 = 1.2
1.5 x 4/5 = 6/5 = 1 1/5 = 1.2
Therefore, the common ratio between successive terms in the sequence? 1.5, 1.2, 0.96, 0.768 is 0.8 or 4/5.
Answer:
Step-by-step explanation:
what's the question? how much money she spent if so the answer is $45
