At the end of the first full month the interest acquires is $ 1.30.
<u>Step-by-step explanation:</u>
Since we are looking for the interest for full month, we have to divide the APR by 12.
Because APR is the interest amount for the full year.
So 3.75 % = 3.75/100 = 0.0375
Now multiplying, we will get
415 × 0.0375/12 = $ 1.30
Answer:
C. But be careful. It depends if you have been told what I was having trouble with.
Step-by-step explanation:
The question is a little unclear. If the actual interest is constant for all situations, the answer is C. The more times you compound, the more interest you will accumulate. Banks don't do it that way. It they compound every three months, then they cut the interest rate by a quarter.
So the interest would look like (1 + 0.022/4)*principle. Whoever made the question has to make clear what is going on. My guess is the intended answer is C.
Did the question mention what her current checking account balance was ?
The slope should be
m= 2/3 (2 over 3)
Ok for inequalities it's this < and > that so here's a example prob 3>2 so as my teacher used it put it "it's like the little number eats the bigger number." For negatives the one that's being eaten would be the one that's the closest to 0 so -3>-5 also alone way of doing this is to make a number line that's another way I was taught how to do these. I hope this helps you!
