Jonathan has $44,200 in a saving account. The interest rate is 7% per year and is not compounded. How much interest will he earn
1 answer:
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Answer:
12
Step-by-step explanation:
You need to find the least common denominator (LCD) to all the denominators of the fractions present in the equation. These denominators are (writing them in their prime factor form to make our calculations easier):
Therefore, we need to include a factor of 3, and two factors of 2 () in our least common denominator, so this LCD will be a perfectly divided by all three given denominators, therefore eliminating all fractions in the equation.
Our LCD is =