Step-by-step explanation:
Subtract initial amount (300) and final (150). from there you get 150 dollars that was lost. We know that every step you 5 dollars so then divide 150 and 5 to get 30. So the distance was 30 steps.
You would first find out the greatest common factor of 204 and 306 which is 102
204 divided by 102 which is 2
306 divided by 102 which is 3
So the answer is 2/3
Step-by-step explanation:
Hope this helps you.
Let me know if you have any other questions :-):-)
Note: 20 weeks = 20/52 or 5/13 of a year.
Let E = effective rate of interest
E = [1 + (r/m)]^m - 1 where r is the nominal (annual ) advertised rate; m is the number of compounding periods/year.
Let r = 0.0275
Let m = 5/13
Plug into formula and do the math.
