Hello!
First of all, let's divide.
5/8=0.625
Now, to convert into a percent, you multiply by 100.
0.625(100)=62.5
Therefore, our answer is D) 62.5%
I hope this helps!
Yes, BUt where's the fraction
Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Monthly deposit= $100
Interest rate= 0.06/12= 0.005
Number of periods= 12*5= 60 months
<u>a)</u>
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.005^60) - 1]} / 0.005
FV= $6,977
b) <u>If the deposit is at the beginning of the month, the interest is compounded one more period</u>. We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= 6,977 + {[100*(1.005^60)] - 100}
FV= 6,977 + 35
FV= $7,012
Answer:
x = 7.39
Step-by-step explanation:
log(x)²=(logx)², find the value of x
log x² = log x * log x
2log x = log x * log x
2 = log x
Take the exponent pf both sides
e² = e^logx
e² = x
x = e²
x = 7.39
Answer:<u><em> I think it would have to be c) Sublimation</em></u>