The answer is "<span>the number of times the account compounds interest</span>".
The general formula is the following:

wherein r is the interest rate compound each four months.
Since there is 3*4 months in a year, then each year we compute the interest Three time, there where the factor 3 comes.
2.8 = 2 + 0.8
*let's analyze the decimal 0.8 as a fraction
0.8 = 8/10
*but if we divide the numerator and denominator by the same common factor of 2, we find that the fraction can be reduced to:
(8/2)/(10/2) = (4)/(5) = 4/5
*now evaluating the whole value of 2 (from the 2.8), we know there are a total of (5) - fifths in order to make a whole, so for 2 whole, we require:
2*(5/5) = (2*5)/5 = 10/5
*Now we add the fractions together:
2 = 10/5
0.8 = 4/5
10/5 + 4/5
*add numerators only, the denominator stays as a 5
(10 + 4)/5 = 14/5
*there are no common factors between 14 & 5 (other than 1, but that won't help reduce the fraction any), so the fraction is in it's simplest form:
answer is: 14/5
The original price was 725.
Explanation:
"36% less than" means taking 36% away from 100%. 100-36 is 64, so 64% remains when 36% is taken away. So, 64% of the original table's price is 464.
So, if the original price was x, 464=0.64x
Solve this by dividing both sides by 0,64:
725=x
So, the original price was 725.
1. 24%
2. 13%
3. 60%
1. Since 6/25 is .24, 24% of the class was absent
2. He spent 3 hours in total.. Divide is by 24 because there are 24 hours in a day. 3/24 is 0.125 for 13% of the day
3. He ran 3 of the 5 miles, so 3/5 = 0.6.. meaning 60%. The time doesn’t matter
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