Answer:
1/3
Step-by-step explanation:
Half of two of something would be only one of that something. In this case the something is 1/3 so our answer is 1/3.
Answer:
$6,427.99
Step-by-step explanation:
-We first find the effective annual interest rate as follows:

#We the use this rate to find the compounded amount after 18 years:

Hence, the amount after 18 years is $6,427.99
Answer:
1043.43
Step-by-step explanation: