Gareth has $2,000 to invest. Putting the money in a savings account at his local bank will earn him 2.2% annual interest and giv
2 answers:
Answer:
Gareth should make 18 ATM withdrawals every year for better deal.
Step-by-step explanation:
Consider the provided information.
Gareth has $2,000 to invest and local bank will earn him 2.2% annual interest.
The amount earned by local bank is:
The money in an online savings account will earn him 4.85% annual interest, but he will be charged $3 every time he makes an ATM withdrawal.
The amount earned by online account
Savings account has no ATM withdrawal charges but online savings account charge $3.00 per withdrawal.
Let x is the number of times he withdrawal money.
Hence, Gareth should make 18 ATM withdrawals every year for better deal.
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9514 1404 393
Answer:
understand what the fraction means
Step-by-step explanation:
First of all, you need to <em>understand what 2/3 means</em>. It means 1 whole has been divided into 3 equal parts, and you're concerned with 2 of those parts.
In the number line in the first attachment, the space between 0 and 1 has been divided into 3 equal parts. The decimal value (rounded) is shown at each tick mark. The point marked "2/3" is located at the second of those divisions, counting from zero.
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The same fraction is located on the same number line in the second attachment. That number line is marked with divisions at intervals of 1/10, so there are 10 of them between 0 and 1. The value 2/3 is represented by the point that is (2/3)(10) = 6 2/3 of those intervals, so is between 0.6 and 0.7 on the number line.
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If the number line were divided into 12ths, then the fraction 2/3 would be located at the 8th tick mark, counting from 0. (2/3)(12) = 8 That is shown in the third attachment.
