Let would be the annual interest rate such that,
I = P x r^t
For the 1st
160.67 = (2000) x r*8/12 ; r = 0.02277
The second case is just the same.
Answer:
64
Step-by-step explanation:
Answer: y=1.5
Step-by-step explanation: Isolate the variable by dividing each side by factors that don’t contain the variable.