If the annual interest rate is 12%, what is the monthly interest rate?
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Answer:
The fraction of one pound of cheese to be used in each sandwich is 1/8
Step-by-step explanation:
Here, we have a question that requires the method of dealing with the division of fractions.
To divide a fraction by a whole number, we multiply the denominator of the fraction by the whole number as follows;
Quantity of cheese Shane has = 1/2 pound
Number of sandwiches to be made = 4
Amount of cheese per sandwich = 1/2÷4 = 1/8.