How do you convert a fraction to decimal
2 answers:
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Answer:
2.22%
Step-by-step explanation:
$8400 is invested in an account earning 2.2% interest (APR), compounded monthly.
So, the value of the account after t years will be given by
{Rounded to the four decimal places} (Answer)
Now, for t = 1 year, f(1) = $8586.67
So, the percentage of growth per year (APY) = % {Rounded to the nearest hundredth of percent} (Answer)
Answer:
0.5
Step-by-step explanation:
From the graph given ;
The vertical distance ; y - axis :
(y2 - y1) ; y2 = 2 ; y1 = 1
y2 - y1 = 2 - 1 = 1
The horizontal distance ; the x - axis :
(x2 - x1) ; x2 = 4 ; x1 = 2
x2 - x1 = 4 - 2 = 2
The slope ; the rate of change :
Change in y / change in x
The rate of change ;
(y2 - y1) / (x2 - x1) = 1 / 2
