I think it's 90% sorry if I'm wrong
Answer:
6.66%
Step-by-step explanation:
((1 + r/m)^n) - 1
Interest rate , r = 6.5%
m = number of compounding times per period = 4 (quarterly interest)
((1 + 0.065/4)^4) - 1
((1 + 0.01625) ^4) - 1
((1.01625)^4) - 1
1.06660 - 1
= 0.0666
0.0666 * 100%
= 6.66%
Answer:
yes
Step-by-step explanation:
it is reflected across the y axis
Answer:
$2.50
Step-by-step explanation:
Shelley buys one pack of gum for $1
Price of gum: $1
Total amount of money spent: $1.00
Shelley buys another pack of gum for $0.50 more
1 + 0.50 = 1.5
Price of gum: $1.50
Total amount of money spent: $2.50