5p-30 is the simplification to this rather simple equation.
Answer:
NO
Step-by-step explanation:
Since 4 divided by 7/8 is 32/7 which is not a whole number so no.
The anser is b guess and test
Given :
Interest rate , r = 4 %.
To Find :
The APY .
Solution :
APY is given by :
Here , r is compound interest and n is number of time compounded .
So ,
Therefore , APY is 30.57 % .
Hence , this is the required solution .
The first one is not proportional and the second one is proportional.