Answer:
3/17 or 17.64%
Step-by-step explanation:
Answer:
$5.19
Step-by-step explanation:
All you do is divide $25.95 BY 5
Answer:
12(y + x)
Explanation:
6(2 (y + x))
6 • 2(y + x)
12(y + x)
Answer:
After 10 years, Julie's account balance will be $ 363.88 and Leah's account balance will be $ 411.75, thus Leah will have more money in her account.
Step-by-step explanation:
Since Julie invests $ 200 per month in an account that earns 6% interest per year, compounded monthly, and Leah invests $ 250 per month in an account that earns 5% interest per year, compounded monthly, to determine the amount of each after 10 years, the following calculations must be performed:
200 x (1 + 0.06 / 12) ^ 10x12 = X
200 x 1.005 ^ 120 = X
200 x 1.8193 = X
363.88 = X
250 x (1 + 0.05 / 12) ^ 10x12 = X
250 x 1.00416 ^ 120 = X
250 x 1.647 = X
411.75 = X
Therefore, after 10 years, Julie's account balance will be $ 363.88 and Leah's account balance will be $ 411.75, thus Leah will have more money in her account.
First, get the sum of the ratio. (11 + 2 = 13)
Divide 52 by 13 to find one 'part' of the ratio. (52 ÷ 13 = 4)
Now that we have one 'part' of the ratio, we multiply it by 11 and 2 to get: (£4 × 11 = £44) and (£4 × 2 = £8).
The ratio will be £44:8.
We can check if this is correct by adding 44 and 8 to see if it adds up to 52. (44 + 8 = 52). It does, so it's correct.
