Just times by 4 on each of you answers 5 times and that will make it 4,096. I hope this is helpfull
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.
I think it's 462.99, rounded it's 463
Answer:
maximum is 16,853 cell phones
≤ 18.853
Step-by-step explanation:
1,176,912.42. per quarter budget
247,638.00 per quarter fixed cost
We subtract then divide the amount cost of phones and ensure its less or rounded down.
1,176,912.42 -247,638 = 929274.42
929274.42 / 55.14 = 16853
16,852 < m ≤ 16,853
P = 5
I am not sure if this is correct. However, P is used to represent the addresses and there are 5 addresses. Therefore p = 5.
