18 x 1/8
Multiply the numerators: 18 x 1= 18
Keep the denominator the same so that's 18/8
The correct excluded value is 2.
Answer:
To obtain $ 100 in simple interest with a rate of 1.5%, Katie must deposit $ 6,666.66.
Step-by-step explanation:
Given that Katie wants to know how much she needs to deposit into a two year CD account in order to earn $ 100 in simple interest, knowing that the account currently has a 1.5% interest rate, the following calculation must be performed:
X x 0.015 = 100
X = 100 / 0.015
X = 6,666.66
6,666.66 x 1.015 = 6,766.66
Thus, to obtain $ 100 in simple interest with a rate of 1.5%, Katie must deposit $ 6,666.66.
No because 9/1,000 in decimals would be 0.009 because if the number was a 3 number then it would go in the tenths
11/1.
Hope this helps,
and I hope you have a productive day!
