Answer:
paying down high-interest credit cards.
NOT SURE BUT BELIEVE ITS THAT.
Answer:
It is 0.4524 rounded simply you can say 0.45
Step-by-step explanation:
if you multiply 2/7 by 6 which is 12/42 and 1/6 times 7 which is 7/42 and add both fractions you will get 19/42 which is 0.45 you can either say the answer is 0.45 or 19/42.
Answer:
Step-by-step explanation:
i would say c
For a single payment with compound interest, the equation to use is F=P(1+i)^n where F is the value after n periods, P is the present value, and i is the interest rate.
If we want the final value F to double in 5 years, F is then equal to P then n=5. The equation is now:
2P=P(1+i)^5
2=(1+i)^5
i=14.87% per year
