3/8 times 8/3 = 1
Answer=8/3
Answer:
$7,544.58
Step-by-step explanation:
We will use the compound interest formula provided to solve this:

<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First, change 3.3% into its decimal form:
3.3% ->
-> 0.033
Since the interest is compounded monthly, we will use 12 for n. Lets plug in the values now:


The balance after 1 year will be $7,544.58
Answer:
w = 15
Step-by-step explanation:
-9(w + 585) = -360w
-9w -5265 = -360w
351w = 5265
w=15