I did the math I think it’s 12
0.0045, Bc that negative exponent makes the decimal point move to the left!
Answer:
5 percent per annum
Step-by-step explanation:
interest rate:
interest: $1800
principal: $18000
duration: 2 years
1800/ 18000 * 100
result is 10%
Since interest is 10% in 2 years, 10% / 2
interest is 5% per year.
Greater than. For example if you multiply 2 by 3/5 the answer is 1 1/5 which is greater than 3/5
