Amount in compound interest = p(1 + r/t)^nt where p is the initial
deposit, r = rate, t = number of compunding in a period and n = period.
Here,
Amount after t years = 103(1.02)^t
i.e. 1 + r = 1.02
r = 1.02 - 1 = 0.02
Therefore, annual interest rate = 0.02 x 100 = 2%
Julie cannot be right. That's because if you add three odd numbers together, <em>you always get an odd number. </em>The number 50 is an Even number.
Let's try adding 3 odd numbers together a couple of times...3 + 3 + 3 = 9 5 + 1 + 5 = 11 7 + 3 + 5 = 15
We tried 3 examples, we could not get any even number. So,
Julie's claim is wrong.
Answer:
41.3111111111
Step-by-step explanation:
1859/45 = 41.3111111111
Answer:
66%
bcz out of 3 stuff in 100% is 66%