Michael puts $800 into a savings account. The account earns 2% simple interest. How much interest will he earn in 6 months?
1 answer:
You might be interested in
Reduce each ratio to its minimum expression to find if they are equal.
35:28
10:8
Since both ratios reduce to 5:4, they are equivalent.
Another way to check a:b is equivalent to c:d, is that a*d = b*c
In this case, this will be true if 35 times 8 is equal to 10 times 28:
Since both products are equal, then the ratios are equivalent.