Answer:
<u>If the amount is P, with the interest rate of 12%, the interest over the year is:</u>
<u>In this case the quarterly interest rate is:</u>
<u>With the same amount and 3% quarterly rate, the yearly interest would be:</u>
<u>The quarterly interest rate in this case is:</u>
If the quarterly interest rate is r, it should be little less than 3% to yield a 12% yearly rate.
So Kraig is wrong.
Answer:
16%
Step-by-step explanation:
Answer: n*(3n+2)*(3n-1)
Step-by-step explanation:
Answer:
-69/200
Step-by-step explanation:
-0.345 is in decimal form.
In Fractional form (p/q)
=-345/1000
To simplify, divide the numerator and the denominator by the G.C.D(Greatest Common Divisor) of p and q.
In this case,G.C.D of 345 and 1000 is 5.
Simplified form=-69/200 [ANS]
Answer:
x= 3.096
Step-by-step explanation:
divide both sides by 5: 3^(x-1)= 10
then take the log to get log_3 (10) = x-1 = 2.096
x= 3.096
