218.9 rounded (218.87 not rounded)
1 / 4 of 28
it means 1 / 4 x 28
= 28 /4
= 7
The answer to your question is x= 2
28: 1 , 2 , 4 , 7 , 14 , 28
50: 1 , 2 , 5 , 10 , 25 , 50
The GCF of 28 and 50 is 2.
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I hope that helps you!! Any more questions, please feel free to ask me!!
Answer:
I would rather do the second option of which uses Compound interest that will give a profit of $47.85
Step-by-step explanation:
In this problem we will be exploring the two formulas
1. simple interest
A= P(1+r*t)
2. compound interest
A= P(1+r/n)^nt
Where A= final amount
P= initial amount
r= rate
t= time.
n= number of periods Compounded
1.given data
P= $600
r= 3%= 3/100= 0.03
t= 2 years
A= 600(1+0.03*2)
A= 600(1+0.06)
A= 600(1.06)
A= $636
Interest = 636-600= $36
2. Given data
P= $600
r= 4%= 4/100= 0.04
n= 24
t= 2
A= 600(1+0.04/24)^24*2
A=600(1+0.0016)^48
A=600(1.0016)^48
A= 600*1.07975
A= 647.85
Interest = 647.85-600= $47.85
