edward deposited $5,500 into a savings account 2 years ago. The simple interest rate is 4%. How much money did edward earn in
2 answers:
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Greetings from Brasil...
First, let's make the mixed fraction improper:
- (3 3/8)
- { [(8 · 3) + 3]/8}
- { [24 + 3]/8}
- {27/8}
- (3 3/8) - (7/8)
- (27/8) - (7/8)
as the denominators are equal, we operate only with the numerators
- 34/8 <em>simplifying</em>
<h2>- 17/4</h2>