Answer: 1.74%
Step-by-step explanation:
What is the equivalent monthly interest rate?
If 23% is compounded each month, there will be 12 intervals and then the monthly rate is:
23 ÷ 12 = 1.92 %
If 23% is compounded annually, then the monthly rate would be:
Rate = (1 + 23%)⁰°⁸³³ (power is 0.833 or 1/12)
= 1.23⁰°⁸³³ (power is 0.833 or 1/12)
= 1.0174 - 1 x 100
= 1.74 %
Answer:
1
Step-by-step explanation:
(3x)^0 = 1
Values to the 0 power = 1
To find the answer we can simply divide 130 by 15:
130÷15
=8...10
Therefore,she can buy 8 basketball with $10 left.
Hope it helps!
Answer:
I think its the first option and I could swear I had the same question on a test the other day
Step-by-step explanation: