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Harrizon [31]
3 years ago
13

Explain why one half of 2 equals 1

Mathematics
2 answers:
FinnZ [79.3K]3 years ago
5 0
It equals 1 because 2÷2=1 so 1=1 

 
I hope this helped
Vera_Pavlovna [14]3 years ago
5 0
Because half of 2=1 2divided by 1/2
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Answer:

= $1,485.17

Step-by-step explanation:

Hi, Niso.

This is a standard compound interest problem, where an amount, P (the principal) is deposited into an account and earns interest at a fixed rate per period.

The compound interest formula is:    A = P (1 +i / 12)12t      

In the above equation, we divide the annual interest rate by 12 to get the monthly rate and multiply the period in years by 12 to get the number of monthly compounding periods.

 

Therefore,         A = 450 (1 + 0.12/12)12t

                           A = 450 (1.01)12t         <--- this is the required function

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