So sorry about my handwriting
Answer:
(a)His monthly Interest Rate=0.8%
(b)Annual Interest Rate = 9.6%
(c)
Step-by-step explanation:
For a Principal P invested at a yearly rate r, compounded m times in t years
Amount at Compound Interest=
Comparing with Jerry's equation y=388 (1.008)
(a)His monthly Interest Rate= 0.008=0.8%
(b)Annual Interest Rate= Monthly Interest Rate X 12 =0.8 X 12 = 9.6%
(c)If I invest $500 at the same rate of return,
Total Money after m months
=
Answer:
the answer will be table -1
Step-by-step explanation:
Answer:
25 can.
Step-by-step explanation:
Here is the complete question: You are making juice from concentrate. The directions on the packaging say to mix 1 can of juice with 3 cans of water to make orange juice. How many 12 fluid ounces cans of the concentrate are required to prepare 200 6-ounce servings of orange juice?
Given: Ratio to make juice with concentrate:water is 1:3.
As required we need to prepare 200 6 ounce serving of Orange juice.
∴
Let there be x ounce of concentrate and 3x ounce of water to make 1200 ounce of orange juice.
Now,
∴ x= 300 ounce
Next, lets find out how many cans of 12 ounce is required.
∴ 25 cans is required to make 1200 ounce of orange juice.