Answer:
It is false that, if the national economy shrank at an annual rate of 9% per year for three consecutive years then the economy shrank by 27% over the 3-year period, because this percentage does not follow a linear path, but on the contrary, it is calculated exponentially: 9% of each year is calculated on the rest that remained after discounting 9% the previous year.
Thus, if the national economy has a value of 100, after three years it will not have a value of 79, but a value of 75.35, as it arises from the following calculation:
100 x 0.91 ^ 3 = X
100 x 0.753571 = X
75.35 = X
Answer:
2/3
Step-by-step explanation:
even number elimates half of the dice sides
3
so with this number only one is less than 3, 2.
there is a 2/3rds chance it is greater than 3
Answer:
$12.89
Step-by-step explanation:
3.23 lb × 3.99 $/lb = 12.8877 $
Since we have to round to the nearest cent, Sanaa should collect $12.89.