Answer:
m<2
Step-by-step explanation:
To get to this, you first need to move the variable to one side, so you could subtract m from both sides to make the equation 16>7m+2. Next, you subtract 2 from both sides to make the equation into 14>7m. Finally, you would divide 7 from both sides to get 2>m, or m<2.
Hope this helps!
Semiannual means there will be two total periods in a year. Divide ten percent by two to get the interest rate per period. Then multiple by 1+i twice
20/100 * X = 8
X = 8*100/20
X=40
Step-by-step explanation:
if I understand correctly, then he bought a CD with a balance of c and an annual interest rate of 6%.
now, after this one year the CD is worth (the account balance is) c + 6% = 100% + 6% = 106% = 1.06×c