Write the following numbers as decimals. 1) 2/4 2) 9/12 3) 3 2/6 4) 14/100
1 answer:
You might be interested in
Step-by-step explanation:
6/2=3
Hope that helps :)
A calculator says,
a) account balance: $208.12, so interest earned = $8.12
b) account balance: $1040.60, so interest earned = $40.60
c) account balance: $83,248.32, so interest earned = $3,248.32
_____
The compound interest multiplier for one year is (1 +r/n)^n, where r is the annual rate and n is the number of compoundings in a year. For this problem, you have r=.04, n=4.
a) account balance: $208.12, so interest earned = $8.12
b) account balance: $1040.60, so interest earned = $40.60
c) account balance: $83,248.32, so interest earned = $3,248.32
_____
The compound interest multiplier for one year is (1 +r/n)^n, where r is the annual rate and n is the number of compoundings in a year. For this problem, you have r=.04, n=4.