Answer:
We are multiplying.
Step-by-step explanation:
Edge
£480
2:3:7 = 2+3+7 = 12
2
--- 0f £480 = £80
12
3
--- of £480 = £120
12
7
--- of £480 = £280
12
answer = £80 : £120 : £280
Answer:
The principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Step-by-step explanation:
Given
- Accrued Amount A = $1000000
- Interest rate r = 6% = 0.06
- Compounded monthly n = 12
To determine:
Using the formula


substituting A = 1000000, r = 0.06, t = 45, and n = 12


$
Therefore, the principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Answer:
$2
Step-by-step explanation:
To use a percent you must change it to a decimal.
8% is .08
To find 8% of 25, we use multiplication.
.08 × 25
= 2
In case you cannot use a calculator or you want to be very quick about this, or just do a simple check... you can actually reverse the number (money, amount, etc) and the percent.
25% of 8 is not bad for doing mental math. 25% is a quarter, or 1/4 of 8 which again is 2.
Answer:
1/24 chance
Step-by-step explanation:
To begin you would need to find the probability of picking a green sock which would be 3/9; and you could simplify this to 1/3.
After that you need to find the probability of picking a purple sock out of the 8 left, which would provide you with 1/8. To find the probability of both you would multiply 1/8 by 1/3 to find the combined probability which would leave you with 1/24.