Answer:
I=Prt, I=simple interest, P=principal (starting amount), r=interest as a decimal, t =number of times the interest is paid or "time"
For example the simple interest earned on a $1000 deposit earning 4% APR for ten years is:
I=1000(.04)10
I=$400.00
Step-by-step explanation:
Answer:
1. 1/4+1/4=2/4=1/2
2. Yes
3. i don't know
4. Yes
Step-by-step explanation:
1. 1+1=2 therefore you get 2/4 or 1/2
2. 2/3 is the reduced form of 4/6
3. i honestly dont know
4. 3/4 is the reduced form of 9/12
Answer:
The answer is high inflation
Step-by-step explanation:
1/8th is the fraction that is equal to six
