<span>As you have two fractions, you can cross multiply them. This gives: x/a = y/b to ay = xb. Then divide both sides by b to isolate x: ay/b = x.</span>
Base on my calculations, the answer is not in the choices given. First, we have to acknowledge that the interest rate given is not the effective interest rate instead it is called the nominal interest rate therefore we have to convert it first to an effective interest rate. We use the following formula:
Effective Interest rate = [[1 + (r/m)]^m] - 1 where r is the nominal interest rate and m is the number of compounding times
For this case, m is equal to 2 since it is compounded semianually.
Effective Interest rate = [[1 + (.12/2)]^2] - 1 = .1236
We then use the calculated effective interest rate to the formula for the Compound Interest Rate Formula.
Future Value = Present Value (1 + Effective interest rate)^(no. of years)Future Value = 3000 (1 + .1236)^( 3) = 4255.56 dollars
Answer:
243
Step-by-step explanation:
its all about laws of exponent
pls open the pic for ur answer
i hope it may have helped u
You take the amount of miles julie did and subtract the amount that greg did in may to get the total distance he ran in june which is 2.8
Answer:
I mean you can do 2(6x+3)
Step-by-step explanation:
