It is 9 weeks. 8 times 12 is only 96$
Answer:
the future value is $5800.38
Step-by-step explanation:
Given that
The invested amount i.e present value is $500
The rate is 5 % per year so quarterly rate is 5% ÷ 4 = 1.25%
The time period is 3 per year so for quartely it is 3 × 4 = 12
We need to find out the future value
So as we know that
Future value = Present value × (1 + rate of interest)^time
= $500 × (1 + 0.0125)^12
= $580.38
hence, the future value is $5800.38
It decreases by 0.5
The original mean was 5.5
The new mean is 5
Answer:
7.40
Step-by-step explanation:
Divide 185 by 25 to get unit rate
You are correct. The scale factor is 1/5 = 0.2
Nice work.