Answer:
6% monthly
Step-by-step explanation:
The monthly rate being compounded when the interest is 6% per year is ...
6%/12 = 0.5%
so the multiplier each month is
1 + 0.5% = 1.005
___
The monthly multiplier when 5.86% is compounded continuously is ...
e^(5.86%/12) ≈ 1.004895
The 6% rate will give a larger yield after any length of time.
-2x+3=15
Subtract 3 from both sides:
-2x=12
Divide -2 from both sides:
X=-16 is your answer
Answer: t=33
Step-by-step explanation:
Answer:
1/5
Step-by-step explanation:
(5^7*5^5)/5^13 (when multiplying numbers with the same base, add the exponents)
= (5^12)/5^13 (when dividing exponents with the same base, subtract the exponents)
= 1/5^1 (anything to the first power is itself)
= 1/5
Answer:
1/4 of the answer
Step-by-step explanation: