The calculation uses the accumulated daily balance method (ADB).
We assume the statement is based on calendar month (rare!).
George owes $500 from beginning to end of June, so 30 days out of 30.
Interest accrued is 500*0.013*30/30=$6.50.
He also owes $2000 from June 12 to June 30, so 19 days inclusively.
Interest accrued is $2000*.013*(19/30)=16.47
Total interest at the end of the month=$6.50+$16.47=$22.97
A=bh/2, that is area is equal to half of the product of the base and height, so in this case:
A=(1/2)*10*24
Answer:
3.75
Step-by-step explanation:
To make it a fraction form answer, you multiply the dividend numerator by the divisor denominator to make a new numerator.
Furthermore, you multiply the dividend denominator by the divisor numerator to make a new denominator:
To make the answer to 3/4 divided by 1/5 in decimal form, you simply divide the numerator by the denominator from the fraction answer above:
15/4 = 3.75
The answer is rounded to the nearest four decimal points if necessary.
15/4 is an improper fraction and should be written as 3 3/4.
