Divide by 2 and find out.
4/9 / 2
Multiply by its reciprocal:
4/9 * 1/2
Multiply the numerators and denominators together:
4/18
4/18 does not equal 8/18, so 4/9 isn't half of 8/18.
We are given
P = <span>$1,945.61
r = 11.2%
Amin = $156
A = $300
First, we convert the interest to effective monthly terms
i = 11.2%/12 = 0.933%
After one month, the interest saved by paying more than the minimum is
</span>(0.00933) (300 - 156) = $1.35
Hope you could understand.
If you have any query, feel free to ask.
Answer:
w = 11
Step-by-step explanation:
<u>Step 1: Subtract 4 from both sides</u>
15 = w + 4
15 - 4 = w + 4 - 4
11 = w
Answer: w = 11
