The answer you are looking for is 3sq^2.
This is because.
2.5*2=5, and 13.25-5=8.25, and 8.25/2.75=3
To solve this problem, you’re going to take 5.5 and divide it by 1.375. In doing so, you will get a final answer of 4 pieces.
5.5 / 1.375 = 4
The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
Step-by-step explanation:
The given is,
Compounds money quarterly
Double your money in 10 years
Step:1
Formula to calculate future investment with compounded quarterly,
...............................(1)
Where, A - Future amount
P - Initial investment\
r - Rate of interest
n - No. of compounding in a year
t - No. of years
Step:2
Let, P = X
A = 2X ( Double your money )
From given, n - 4 ( for compounding quarterly )
t - 10 years
From equation (1)



Take root
root on both side,
![\sqrt[40]{2} = (1+\frac{r}{4} )](https://tex.z-dn.net/?f=%5Csqrt%5B40%5D%7B2%7D%20%3D%20%281%2B%5Cfrac%7Br%7D%7B4%7D%20%29)





r = 6.992 %
Result:
The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
0.003 is 1/10 of 0.03.
Just multiply the 0.003 by 10 and you'll get the result. The easiest way to multiply such numbers is to move the dot one position to the right (it would be 2 positions if multiplying by 100, 3 by 1000 etc.). You can do the same with dividing, just remember to move to the left then.
Answer:
238
Step-by-step explanation: