Answer: There could be 3 or 4 or maybe 2 to this equation
Step-by-step explanation:
Answer:
i. 0.0025
ii. 0.25%
Step-by-step explanation:
Given,
In account A,
Annual percentage rate = 3%,
Here, the compounding period is calculated monthly,
We know that,
1 year = 12 months,
Thus, the compounding percentage rate =
∵ 1% = 0.01
⇒ 0.25% = 0.0025
So, the monthly rate in decimal form = 0.0025
I would first convert the mixed number into a fraction, then multiply the fraction by 2.
If x=5, substitute 5 into all the x that appears in the equation.
perimeter of the rectangle
= 2(length) + 2(breadth)
= 2 (6x-4) + 2(3x+2)
= 12x - 8 + 6x + 4
now substituting in x=5,
perimeter
= 12(5) - 8 + 6(5) + 4
= 60 - 8 + 30 + 4
= 86
The rate of interest is 6.5%, so multiply 580 by 6.5 then divide by 100 to get the answer. The amount of interest for the year is $37.7.