Answer:
1/2
Step-by-step explanation:
Answer:
$1348.07
Step-by-step explanation:
Hello!
<h3>Compound Interest Formula:
</h3>
- A = Account Balance
- P = Principle/Initial Amount
- r = Rate of Interest (decimal)
- n = Number of times compounded (per year)
- t = Number of Years
<h3>Given Information</h3>
- Account Balance = ?
- Principle Amount = $1000
- Rate of Interest = 0.02
Why is the Rate 0.02?
This is because we are gaining money, so the multiplier should be greater than 1. We already added 1, which is 100% so you simply add the 0.02 for the extra 2%.
- Number of times compounded per year = 6
This is because it is being compounded bi-monthly, or once every 2 months. 12 months divided by 2 months is 6 months, so 6 times a year.
<h2>Solve </h2>
Solve by plugging in the given values into the formula.
This is really close to the first option, and since there is rounding involved with the repeating decimal, the first option should be correct.
The answer is $1348.07.
The number of times the sun will rise in two years will be measured in the number of days in those two years assuming that the location is far enough from the poles that the length of days and nights are relatively the same.
If neither of the two consecutive years is a leap year, then the number of times the sun will rise in two years will be:
2 (365) = 730 times
If one is a leap year, then the number of times the sun will rise in two years will be:
2 (365) + 1 = 731 times
Do NOT open the link that this person is about to send, he sent the same link to me and i realized it’s a virus. but i suck at math so i can’t complete this, so good luck!
Answer:
2.67 miles (or 8/3 miles which is also 3 2/3 miles)
Step-by-step explanation:
S (shane) = 7
L (lissette) = ??
S = 3(L) - 1
7 = 3L - 1
8 = 3L
L = 2.67 miles