Gallons per day.......gallons / day.....so u put the gallons over the number of days, then divide
(1/2) / 6 = 1/2 * 1/6 = 1/12 of a gallon per day <==
Answer:
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The rate that will double Lars deposit of $50 in 29 years will be calculated as follows:
Suppose the account used was using compound interest. Thus to determine his future value we shall use the formula:
FV=P(1+r)^n
where:
FV is future value
p=principle
r=rate
n=periods
from the information given
FV=$100
p=$50
n=29 years
we are required to find r
thus
100=50(1+r)^29
100/50=(1+r)^29
2=(1+r)^29
2^(1/29)=1+r
1.02419=1+r
hence:
r=0.02419~2.419%
Answer:
15%
Step-by-step explanation:
60/400 = 15/100 (I divided the numerator and denominator by 4 get the denominator 100, so we can find the percentage easily).
15/100 = 15%
