Answer:
It will increase by 0.2%.
Step-by-step explanation:
In this problem we need to solve for the monthly interest first.
We use the formula:
Now that we have the formula we now define our variables.
i = 20.87% or 0.2087
n = 12
or 23%
Now we have to find the daily interest rate.
or 23.20%
23.20% - 23% = 0.20% increase.
Answer:
A situation represents a proportional relationship if you can write equivalent ratios of related quantities in that situation.
Q
Answer:
Yes
Step-by-step explanation:
Liquidity describes the degree to which an asset or security can be quickly bought or sold in the market without effecting the assets prices, while equity is the value of the shares issued by a company.
Answer:
y = 3/2
Step-by-step explanation:
5(2y - 1) - 2(3y) = 1
First we use distributive property:
10y - 5 - 6y = 1
because 5 × 2y = 10y
and -2 × 3y = -6y
Now we combine the like terms:
4y -5 = 1
because 10y - 6y = 4y
Now we have to send the -5 to the other side. (when we send it to the other side it becomes positive because right now it is negative)
4y = 1 + 5
Again we combine the like terms:
4y = 6
(because 5 + 1 = 6)
Now we have to send the 4 to the other side because we need to get the y value. (when we send it to the other sidr it will be divided)
y = 6/4
and we simplify:
y = 3/2
And we cannot simplify or do anything else. So that is the answer.
Hope that helped!