Answer:
41/5
Step-by-step explanation:
First we change the 8 and 1/5% to 8.2%
Write the fraction down as a number over one = 8.2/1
Multiply both top and bottom by 10 for every number after the decimal point:
As we have 1 numbers after the decimal point, we multiply both numerator and denominator by 10. So,
8.2/1 = (8.2 × 10)
(1 × 10) = 82/10
Reduce the above fraction by dividing both numerator and denominator by the GCD (Greatest Common Divisor) between them. In this case, GCD (82,10) = 2. So, (82÷2)/(10÷2) = 41/5 when reduced to the simplest form.
As the numerator is greater than the denominator, we have an IMPROPER fraction, so we can also express it as a MIXED NUMBER, thus 82/10 is also equal to 81/5 when expressed as a mixed number.
In short and without much fuss
let's say Anne puts "x" amount in the account at 1.2% rate annually, that means after 1 year, she will have "x" + 1.2% of "x", or 1.012x to be exact.
the 1.2% rate, kicks in as the period of a year is met.
now, what if Anne puts it in the monthly compounded type? that means, the compounding period is a month, so after 1 month, she has 1.2% extra, or 1.012x, and after 2 months, she will have 1.2% extra of 1.012x, or 1.012144x, and after 3 months, she will have 1.2% extra of 1.0121x, or 1.012145728x and so on.
anyhow, the shorter the compounding period, the more the 1.2% kicks in, the more accumulation in the account.
3/4 / 2/1
Keep, Change, Flip
3/4 * 1/2 = 3/8
5/4 / 2/1
Keep, Change, Flip
5/4 * 1/2 = 5/8
Answer: 3/8 and 5/8
Answer:
Step-by-step explanation:
8x + 12 = 3x + 5x + 12
8x + 12 = 8x + 12
Bringing like terms on one side
8x - 8x = 12 - 12
x = 0
Answer:
7
Step-by-step explanation:
