Is 5 over 12 greater than 3 over 4
1 answer:
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The interest rate would be 20%.
The formula is derived from the compound interest formula
.
We want to isolate r in this equation to rewrite the formula. The first thing we would cancel, outside parentheses, would be p; divide both sides by p and we have
We want to cancel the exponent, t, next. We can raise a power to its reciprocal to undo it; for example, raising a squared amount to the 1/2 power will undo the exponent. We will raise both sides of this to the 1/t power:
Now we cancel the 1 by subtracting, giving us
Using this formula, we plug in 3600 for A, 2500 for p and 2 for t:
The formula is derived from the compound interest formula
We want to isolate r in this equation to rewrite the formula. The first thing we would cancel, outside parentheses, would be p; divide both sides by p and we have
We want to cancel the exponent, t, next. We can raise a power to its reciprocal to undo it; for example, raising a squared amount to the 1/2 power will undo the exponent. We will raise both sides of this to the 1/t power:
Now we cancel the 1 by subtracting, giving us
Using this formula, we plug in 3600 for A, 2500 for p and 2 for t:
Answer:
The decimal number is 0.964
Step-by-step explanation:
we have
step 1
Multiply each fraction by the whole number
step 2
Convert each fraction in a decimal number
Remember
Move the decimal point to the left as many places as there are zeros in the factor.
Move the decimal point one step to the left (10 has one zero).
Move the decimal point two steps to the left (100 has two zeros)
Move the decimal point three steps to the left (1000 has three zeros)
step 3
Adds the number