Answer:
$7,192
Step-by-step explanation:
8% of 5800= 464
464x3 = 1392
5800 + 1392 = 7,192
Answer:
Principal
Step-by-step explanation:
She needs to know how much money she's putting in to be able to calculate interest.
Lets convert the fraction first to ease the calculations:
2 5/8 = 16/8 + 5/8 = 21/8
so now we can operate easily, to calculate we need to multiply 21/8 by 2/3 that is because, if 1/3 is used then 2/3 are left over (1/3 + 2/3 = 1, the total), so we have:
(2/3)(21/8) = (2*21)/(3*8)
= 42/24
= 21/12
= 7/4
so 7/4 are left over
20.5 is the answer, have a great day!