Answer:
A.6
B.45
Step-by-step explanation:
2/3 is twice the value of 1/3, so we divide 12 & 90 by 2.
Let's call that the Multiplicative Identity Property.
1 is the identity element for multiplication. Those are just fancy words for the obvious property that anything times 1 is itself.
Answer:
Step-by-step explanation:
After one year
A=p(1+r/n)^nt
=2000(1+0.03/12)^12*1
=2000(1+0.0025)^12
=2000(1.0025)^12
=2000(1.0304)
=$2060.8
After two-years
A=p(1+r/n)^nt
=2060.8(1+0.03/12)^12*2
=2060.8(1+0.0025)^24
=2060.8(1.0025)^24
=2060.8(1.0618)
=$2188.157
After three years
A=p(1+r/n)^nt
=2188.157(1+0.03/12)^12*3
=2188.157(1+0.0025)^36
=2188.157(1.0025)^36
=2188.157(1.0941)
=$2394.063
The sequence is being multiplied by three for ever term.
If you multiply 1 by 3, the result will be 3. Keep on multiplying each term by three and you'll find that the 10th term is 729