I think this should be the answer!!
The last answer is the correct one.
If it does not make sense ask for clarification.
Answer:
1/7
Step-by-step explanation:
In the term x/7, the numerical multiplier of x is 1/7.
So basically your doing unit rates? Well guess what, I'm studying about that also, and I have a little understanding about unit rates, have you done ratios before?
Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above