Answer:
8x=32
Step-by-step explanation:
Answer:
APY = 0.04 or 4%
Step-by-step explanation:
Given the annual percentage rate of 3.5% that is compounded quarterly, and a principal of $6,500:
We can use the following formula to solve for the annual percentage yield (APY):
where <em>r</em> = interest rate = 3.5% or 0.035
<em> n</em> = number of compounding periods per year = 4
We can plug in the values into the equation:
APY = 1.03546 - 1
APY = 0.04 or 4%
Answer:
9:01
2:36
3:40
Step-by-step explanation:
Answer:
$872
Step-by-step explanation:
Simple interest = Principle * Rate * Time / 100
= ( 800 * 6 * 18/12 ) / 100
= $ 72
The balance after 18 months = principle + interest
= 800 + 72
= $ 872
Answer:
44
Step-by-step explanation:
1/2(n + 6) < 25 Distribute
1/2n + 3 < 25
- 3 - 3 Subtract 3 from both sides
1/2n < 22 Multiply both sides by 2 or divide by 1/2
n < 44
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