Answer:
the answer depends on which type of interest we use:
- simple interest rate = 24%
- compound interest rate = 26.82%
Step-by-step explanation:
the interest rate paid for holding the cards one month 1/50 or 2%.
to convert 2% monthly interest rate to a simple annual rate:
monthly rate x 12 months = 2% x 12 = 24%
now to convert 2% monthly interest rate to an annual rate (using compound interest):
- = (1 + r)ⁿ - 1
- = (1 + 0.02)¹² - 1 = 1.2682 - 1 = 0.2682 or 26.82%
in compound interest, earned interest earns even more interest by itself besides the interest earned by the principal.
Answer: 3/2
Step-by-step explanation:

Answer:
Graph C
Step-by-step explanation:
Answer:
25.047 or roughly 25.
Step-by-step explanation:
I solved it wrong the first time then i double check with wolframalpha and got the correct number.
We know that the area of the tile is 18
and it makes a triangle, we also know the base and height. In this case the base is 2
and the height is also given which is
.
Area of triangle =
,
substituting we will end up with 18
=( 2
*
) / 2
Here is the tricky part
, i totally forgot about that lol.
Simplifying: we will get 18
= 
Now, in order to find the x, we will need to take the log of both sides.

Solving for x we end up getting:
= x
where x = 25.047.
To be honest I deserve a nobel prize not a brainliest lol.
Good question bro, take it easy.