Answer:
12.3 months
Step-by-step explanation:
You want the number of months (m) such that ...
1 - 17% = (1 -1.5%)^m
Taking logarithms:
log(0.83) = m·log(0.985)
m = log(0.83)/log(0.985) ≈ 12.3 . . . . months
The best way to explain it is that 37 ÷ 6 is 6 remainder 1 so the answer is C) 6 1/6
Make a graph and start at the origin (0,0) count down 5 units and across to the right 4 units. Put a dot here. For every 1 unit the line moves to the right, it moves down 3.
