Answer:
7/32
Step-by-step explanation:
simplify
7/32 =o.218
Answer:
w=4
Step-by-step explanation:
Answer:
a(4) = 15/4
Step-by-step explanation:
Here we're told that the first term is a(1) = 30 and that the common factor r = 1/2.
Thus, the geometric sequence formula specific to this case is
a(n) = 30(1/:2)^(n-1).
What is the fourth term? Let n = 4,
a(4) = 30(1/2)^(4-1), or a(4) = 30(1/2)^(3), or a(4) = 30(1/8) = 30/8, or, in reduced form,
a(4) = 15/4.
Using the simple interest formula, it is found that the APR for the loan is of 4.472%.
<h3>What is the simple interest formula and when it is used?</h3>
Simple interest is used when there is a single compounding per time period.
The amount of money after t years in is modeled by:

In which:
- A(0) is the initial amount.
- r is the interest rate, as a decimal.
The parameters for this problem are:
A(t) = 6 x 511.18 = 3067.08, A(0) = 3000, t = 0.5.
We solve the equation for r to find the APR.



1 + 0.5r = 1.02236
r = (1.02236 - 1)/0.5
r = 0.04472.
More can be learned about simple interest at brainly.com/question/25296782
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