The product is less than the factor because anything multiplied by a number less than one will have a product less than itself.
Answer:
$3.23
Step-by-step explanation:
Given that,
Principal, P = $2,000
Rate of interest, r = 1.96%
Tie, n = 1 month = (1/12) years
The formula of compound interest is given by :
![CI=P[(1+\dfrac{R}{100})^n-1]\\\\CI=2000\times [(1+\dfrac{1.96}{100})^{1/12}-1]\\\\CI=3.23](https://tex.z-dn.net/?f=CI%3DP%5B%281%2B%5Cdfrac%7BR%7D%7B100%7D%29%5En-1%5D%5C%5C%5C%5CCI%3D2000%5Ctimes%20%5B%281%2B%5Cdfrac%7B1.96%7D%7B100%7D%29%5E%7B1%2F12%7D-1%5D%5C%5C%5C%5CCI%3D3.23)
So, the interest will she earn at the end of 1 month is $3.23
That is true good job dude keep up the good work
Answer:
She could teach 3 lessons a night
Step-by-step explanation:
Because 1 1/2 goes into 4 1/2 3 times
The answer is 0.6616
Hope it helped :)