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lilavasa [31]
3 years ago
8

1. If the interest rate on a savings account is 0.01%, approximately how much money do you need to keep in this account for 1 ye

ar to earn enough interest to cover a single $9.99 Below-Minimum-Balance Fee
Mathematics
1 answer:
solmaris [256]3 years ago
3 0
An interest rate, or rate of interest, is the amount of interest due per period, as a proportion of the amount lent, deposited or borrowed. The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited or borrowed.
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What are the last 2 digits of 7 to the power of 2018. This question was on a past exam paper.
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Answer:

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Step-by-step explanation:

  • Try finding pattern of last two digits of 7 to the power of some numbers.

7^1=07

7^2=49

7^3=343

7^4= 2301

7^5= 16807

  • so , the pattern is, 07,49,43,01
  • so, if we start writing all numbers from 1 to 2018 , four number in each line, 2018 will fall in the second column.
  • so it will have 49 as the  last 2 digits [by seeing this pattern : 07,49,43,01 ]
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Step-by-step explanation:

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