Answer:
78
Step-by-step explanation:
You take the original total: 60, and multiply it by 30 to get 1,800. You then divide 1,800 by 100 to get 18. 18 is your 30%. Now, you add the 30% to 60 getting your total number of ducks: 78.
The equation version:
It is just proportions.
Answer:
APY = 0.04 or 4%
Step-by-step explanation:
Given the annual percentage rate of 3.5% that is compounded quarterly, and a principal of $6,500:
We can use the following formula to solve for the annual percentage yield (APY):
where <em>r</em> = interest rate = 3.5% or 0.035
<em> n</em> = number of compounding periods per year = 4
We can plug in the values into the equation:
APY = 1.03546 - 1
APY = 0.04 or 4%