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gregori [183]
3 years ago
12

Explain how 7/12 is greater than 1/3 but less than 2/3

Mathematics
2 answers:
Zepler [3.9K]3 years ago
6 0
First we will change them on the same denominator which will be 12. If we do something to the denominator we must do the same to the numerator so :
For 1/3 we get  4/12 because (1/3)*4 = 4/12
And for 2/3 we get 8/12 because (2/3)*4 = 8/12
So 1/3 is the smaller fraction, 7/12 is in the middle and 2/3 is the bigger fraction.
andrew11 [14]3 years ago
3 0
7/12 is .58, and 1/3 is .33 and 2/3 is.66. I think that 7/12 is greater than 1/3, but smaller than 2/3. 
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Answer: $4,365.10

Step-by-step explanation:

Ok, we know that:

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Then after one year, the amount in the account will increase by 3.75%, this means that the amount will be:

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After another year, we have the same increase (but applied to the new amount in the account):

(1.035)*$2350 + 0.035*(1.035)*$2350. = (1.035)^2*$2350

And so on.

You already can see the pattern here, the amount of money in the saving account after N years will be:

M(N) = $2350*(1.035)^N.

Now we can answer:

what is the balance of the account if it earns a  simple interest of 3.75% for 18 years?

Just replace N by 18 in that equation:

M(18) = $2350*(1.035)^18 = $4,365.10

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