Answer:
Laura and Rob are correct
Step-by-step explanation:
we have
39/50
1) Rob said he could divide the numerator by the denominator
so
using a calculator
39/50=0.78
Rob is correct
2) Laura said she could write an equivalent fraction with 100 as the denominator to converted into a decimal
so
Multiply by 2/2
(39/50)*(2/2)=78/100=0.78
Laura is correct
therefore
Laura and Rob are correct
The effective rate is calculated in the following way:

where r is the effective annual rate, i the interest rate, and n the number of compounding periods per year (for example, 12 for monthly compounding).
our compounding period is 2 since the bank pays us semiannually(two times per year) and our interest rate is 8%
so lets plug in numbers:
C is the correct answer homie
Answer:
Tim has 64 dollars. I did the math and I know I'm right