Answer:
2.1275 is 2.12747677748 rounded to the nearest ten-thousandth.
Step-by-step explanation:
Since the hundred-thousandth place is 5 or above, we would round the ten-thousandths place up. THis makes the number 2.1275.
Answer Interest rate = 12.3%
The compound interest formula is given by:
Where
A = Future amount
P = Present amount (Principal amount)
r = Interest rate in decimal form
n = No. of times compounded per year
t = time in years.
We can say that if:
Present amount = P
Future amount = 3P
r = 12.3/100 = 0.123
n = 1
t = ?
Substitute the values in the formula of compound interest:
Taking log on both sides.
Round off to nearest option
t ≅ 9 years
Step-by-step explanation:
in ascending order;
4/15 ,1/5 ,2/3
There would be 260 lifegurads
The easy way is to divide 18.2 by 0.07 to get your answer
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