Answer:
9%
Step-by-step explanation:
Final Value-Starting value / Starting Value
100,280 - 92000 = 8280
8280/92000 = 0.09
0.09 -> % = 9% increase
Answer:
Step-by-step explanation:
Given that:
Principal = $650
Interest rate, r = 2.3% = 0.023 compounded daily
Time, t it takes for final amount, A to reach $880
Using the relation :
A = P(1 + r/n)^nt
n = number of times compounded per period
Hence, n = 365
880 = 650(1 + 0.023/365)^365t
880/650 = 1.0000630^365t
1.3538461 = 1.0000630^365t
Take the log
0.1315692 = 0.0000273596 * 365t
0.1315692 = 0.0099862t
t = 0.1315692 / 0.0099862
t = 13.175101
t = 13.18 years a
Since FE is 2, 2+9 = 11
GE is D) 11
9/10 - 11/12
Multiply both sides to find a common denominator in this case it’s 60
54/60 - 55/60
Then the answer would be -1/60
The awnser is A. hope this helps