Answer:
True
Step-by-step explanation:
Both sides (right side and left side) of the equation are indeed equal.
I hope this helps!
Five hundred and sixty two divided by seven would be,
=80.28
The option c is the answer because
2p=p (1.07)^x
2=1.07^x
Solve for x
X=log(2)÷log(1.07)
x=10 years the amount will be doubled after 10 years
But your option says the investment will (more) than double with (12) years
So it's correct
Answer:
Answer is B, the nominal rate is 3% and the interest rate is 1%
Step-by-step explanation:
