Answer:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
----> one year is equal to 12 months
substitute in the formula above
You take the total number of minutes he wants to exercise divided by how much he exercises each day to find how many days it will take
576 / 48 = 12
It will Marvin 12 days to exercise 576 minutes if he exercises 48 minutes every day
1 to 4
Step-by-step explanation:
Answer:
0.5025%
Step-by-step explanation:
The question is on increase and decrease
The old interest rate= .5%⇒0.5%
percentage increase= 1/2%= 0.5%
New rate= it requires you to increase 0.5 by 0.5%
New rate is ⇒100%+ 0.5%=100.5%
New rate⇒(100.5/100)×0.5 =0.5025
New rate as a decimal is 0.5025%