Logan invested $180 in an account paying an interest rate of 2,6% compounded
2 answers:
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The correct answers are:
(1) If EXACT number is required, then 7.5.
(2) If multiple of 8 is required then the answer will be 7 times with a remainder of 4.
Explanation:
First you need to express it in the form of equation to make things simpler as follows:
8 * y = 60
We need to find y; to do so, divide 60 by 8:
y =
y = 7.5
Now if you want to find the whole number, then the answer will be 7 times, with 4 left over.