If it's compounded annually, it basically means the interest rate will apply once a year.
So the answer will be 1.
3÷2= 1.5
To make sure if it's correct,
1.5
x2
__
3.0
Answer:
Step-by-step explanation:
5x3x4= 
2. Eight cards are marked : (3,4,5,6,7,8,9,10), such that each card has
exactly one of theses numbers. A card is picked without looking.
Determine the probability of choosing a number greater than 5. (decimal)
A .625
B 1.75
C .50
D .60
The answer is C.
So rounding to the nearest unit means replacing the number and taking the closest integer it is to. For example 0.96 is 1, and 5.45 is 5. So doing this in this prob. is 1 × 10 × 5, or 50.