9 people because you subtract 50 from 100 then divide 50 divided bt 5.50. its not a flat out number so you have to round down to 9.
Answer:
x=1 & y=0
Step-by-step explanation:
<span>A = P(1+r/2)^2t
A/P = (1+r/2)^2t
ln(A/P) = 2t ln((1+r/2))
ln(A/P)/ln(1+r/2) =2t
ln(9000/4190.51)/ln(1+0.052/2)=2t
t=15 yrs
therfore ans is C.14 years ,11 months</span>
The correct option will be: d. 0.4%
For finding the periodic interest rate , we need to divide the annual interest rate by the number of times interest calculated in a year.
Here, the simple interest is calculated monthly, that means the number of times interest calculated in a year will be 12.
Annual interest rate is 4.8%
So, the periodic interest rate =
%