Answer: 38.25
Step-by-step explanation: You divide the whole number by the denominator in the fraction.
153/4 = 38.25
Answer:
2,995 or 35,940(?)
Step-by-step explanation:
I don't exactly remember how to do this so, I'll show you two different ways I solved this
Use the formula I=P*r*t
I=Interest
P=Principal
r=rate
t=time
To solve this you'll have to...
The principal is 29,950, the rate is 5% but it'll become a decimal which is 0.05, and the time is 2
Put it into the formula form 29,950*0.05*2= 2,995 in interest
Or...
You'll use the same formula, but this time multiply 0.05 by 12 since there are 12 months in one year which is 0.6, so...
29,950*0.6*2=35,940 in interest
I hope one works!
Answer:
Step-by-step explanation:
Answer:
D. making loans to businesses for capital investment.
Step-by-step explanation:
We can define the responsibilities of investment bans like- these banks specialize in complex financial transactions like underwriting.
These also play the role of broker or financial adviser for institutional clients. These banks helps organisations to raise capital.
These also help companies and governments issue new securities.
So, the answer is -
Investment banks generally provide all the following services except: making loans to businesses for capital investment.
