Answer:
(a)His monthly Interest Rate=0.8%
(b)Annual Interest Rate = 9.6%
(c)
Step-by-step explanation:
For a Principal P invested at a yearly rate r, compounded m times in t years
Amount at Compound Interest= 
Comparing with Jerry's equation y=388 (1.008)
(a)His monthly Interest Rate= 0.008=0.8%
(b)Annual Interest Rate= Monthly Interest Rate X 12 =0.8 X 12 = 9.6%
(c)If I invest $500 at the same rate of return,
Total Money after m months
= 


Answer:
r= d/2
7/2
3.5
3.5 is the answer
Step-by-step explanation:
Answer:
Step-by-step explanation:
So we know they had got $22,553 which is 90% more than last year. With this information we know:
190% = $22,553
1% = $22,553/190
1% = $118.70
100% = $11870
So overall it would be $11870 which they had got last year
Answer:
b bc its the right one :D i think
Lil boat hahahahahahhahaha