Answer:
Irrational
Step-by-step explanation:
Its irrational as it has no pattern of numbers after decimal point and the number are infinite
Answer: thanks and Marry Christmas!
Step-by-step explanation:
1/3 is equal to 2/6
This is because 1/3 converted to 6ths you have to multiply 1/3 times 2 which equals 2/6
1/3 = 2/6
$7881.18
Step-by-step explanation:
Let the initial Investment be . The Interest is compounded on a monthly basis at 12% annual interest rate. After 17 years, the Investment amounts to $60,000.
As the annual interest rate is 12%, the monthly interest rate is 1%.
Since this is a compound interest problem, the total amount can be modeled as follows:
Here is the interest rate, i.e , and t is the number of time periods, i.e =
∴ Initial Investment = $7881.18