The answer is "<span>the number of times the account compounds interest</span>".
The general formula is the following:

wherein r is the interest rate compound each four months.
Since there is 3*4 months in a year, then each year we compute the interest Three time, there where the factor 3 comes.
Answer:
extra money earn by typical person earning = $1850
Step-by-step explanation:
earned = $50,000 per year
retained = 2%
credit on their federal tax return = $850
amount of taxes = $850
typical person earning = $50,000
to find out
extra money did a typical person earning receive due to the tax cuts
solution
extra money earn by typical person earning is
extra money earn by typical person earning = 2% of $50000 + $850
extra money earn by typical person earning = $1000 + $850
extra money earn by typical person earning = $1850
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Answer:
2 Questions.
Step-by-step explanation:
To calculate a how much a percentage is of a number, you multiply the number by the percent.
So, we have the equation:
40 x 0.05 = 2
So, Rani got 2 questions incorrect.
Hope this helps!
Answer:
4
Step-by-step explanation:
with the information given, we can express the equation:
where is the unknown number?
to clear for first we multiply the equation by 2, to eliminate the fraction:
moving all terms with to the left:
and adding +16 to each side:
and finally, dividing by 3
the number is 4.