When calculating a loan’s effective rate, if the interest compounds every two months, what value of n do you plug into your equa
2 answers:
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Answer:
Step-by-step explanation:
Your original number to convert is 0.333333. Let's slide the decimal point in this number to the right 1 place(s) (the same number of digits in the number 3).
If we do this, we'll get a 3.333333 (slide the decimal in the 0.333333 right 1 places, you'll get 3.333333).
So what? Well now, we have two numbers with the same repeating decimal parts, 3.333333 and 0.333333.
Now let's just work a little algebra into all of this. Let's call your original number x. And in this case, x = 0.333333. The number with the decimal point slid over can be called 10x, because 10x = 3.333333
10x = 3.33333
-x = 0.333333
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Now, solving 9x=3 for x by dividing both sides of it by 9, we'll get that x=3/9. And this is your answer.
How is this your answer? Well remember that above, x was originally set equal to 0.333333 via x = 0.333333, and now we have that x is also equal to 3/9, so that means 0.333333 = 3/9..and there's 0.333333 written as a fraction.
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<u>Simplify 3/9 into the lowest terms:</u>
Answer: (10, ∞)
Step-by-step explanation:
See the graph in the attached image.
