Answer:
16/100
Step-by-step explanation:
the decimal is 16 hundreths of one
Divide 6 by 3
3 goes into 6, 2 times so one apple costs $2
You have t9 find a equal number
Answer: 2.88
Step-by-step explanation:
48 x 0.06 = 2.88 and thats how much tax you will pay!!
$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