Answer:
3/20
Step-by-step explanation:
0.15 = 15*100/1*100
= 15/100
= 3/20
Answer:
I = $ 1,937.50
Equation:
I = Prt
Calculation:
First, converting R percent to r a decimal
r = R/100 = 3.875%/100 = 0.03875 per year,
then, solving our equation
I = 10000 × 0.03875 × 5 = 1937.5
I = $ 1,937.50
The simple interest accumulated
on a principal of $ 10,000.00
at a rate of 3.875% per year
for 5 years is $ 1,937.50.
Step-by-step explanation:
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Step-by-step explanation:
0.1 repeating is 1/9, so the number is 4 1/9.
