Answer:
c = 1
Step-by-step explanation:
"10 is 8% of a": 0.08a = 10, or <u>a = (10/0.08)</u>
"5 is 4% of b": 0.04b = 5, or <u>b = (5/0.04)</u>
"c equals b/a": c = (b/a)
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What is the value of c?
c = (b/a)
c = ((5/0.04)/(10/0.08))
c = (5/0.04)*(0.08/10)
c = (5/10)*(0.08/0.04)
c = (1/2)*(2)
<u>c = 1</u>
Answer: -34738.4259228
Step-by-step explanation:
It’s a decrease because your dividing 1600e -0.1252
Answer:
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = $300
r = 10% = 10/100 = 0.1
n = 2 because it was compounded 2 times in a year(6 months).
t = 3 years
Therefore,
A = 300(1 + 0.1/2)^2 × 3
A = 300(1 + 0.05)^6
A = 300(1.05)^6
A = $402.03
$354 divided by 12 equal payments equals $29.50 a payment
Answer:
24/36 = 12 x 2/12 x 3 = 2/3.
Step-by-step explanation: