51=?
60 100
Then you cross-multiply the 51 and the 100 and get 5,100.
Next you take the 5,100 and divide it by the 60 which gives you your final answer of 85%.
I think you do 120 divided by 5, but I could be wrong.
Answer:
is c=b
Step-by-step explanation:
Answer:
5 years
Step-by-step explanation:
In the question we are given;
- Amount invested or principal amount as $5048
- Rate of interest as 4% compounded 12 times per year
- Amount accrued as $6,163.59
We are required to determine the time taken for the money invested to accrue to the given amount;
Using compound interest formula;

where n is the interest period and r is the rate of interest, in this case, 4/12%(0.33%)
Therefore;



introducing logarithms on both sides;

But, 1 year = 12 interest periods
Therefore;
Number of years = 60.61 ÷ 12
= 5.0508
= 5 years
Therefore, it will take 5 years for the invested amount to accrue to $6163.59
Hey there!
Your answer is 4 4/5.
Hope this helps! (: