Its 2 and 1/3
as a decimal its 2.3333
there is no possible way it can be written as a whole number
Answer:
360 divided by 12 is 30 because 12 times 30 is 360
Step-by-step explanation:
Answer:
In 2012 , the population will be 15 million
Step-by-step explanation:
We start by setting up an exponential equation that defines the increase
P(t) = I(1 + r)^t
P(t) represents the present population = 15 million
I is the population in 2007 which is 13.8 million
r is 1.6% = 0.016
t is what we want to calculate
15 million = 13.8 million (1 + 0.016)^t
15/13.8 = (1.016)^t
1.09 = (1.016)^t
ln 1.09 = t ln 1.016
t = ln 1.09/ln 1.016
t = 5.429 which is approximately 5
So in 2007 + 5 = 2012, the population will be 15 million
10 divided by 2 minus 1 equals 4
Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
First step is to determine Jerry total deposit
over the two years
Total deposit = 24×$5
Total deposit= $144
Now let determine what the correct balance will be at end of two years
Using this formula
Maximum Amount=Principal (1+r)^t
<em>Where</em>:
Principal=$144
r=4.8%/12 = 0.4% or 0.004
t=24 months
Let plug in the formula
Maximum Balance = $144 (1.004)^24
Maximum Balance = $158.5
Based on the above calculation both Jerry $100 and Benny $163 balance are eliminated or rule out because the correct balance after two years is $158.5
Inconclusion Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
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