What are some effects that can occur in a country if large numbers of people are out of work?
1 answer:
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Answer:
Step-by-step explanation:
GIVEN: Daniel invests in a retirement account with a fixed annual interest rate of
compounded
times per year.
TO FIND: What will the account balance be after years
SOLUTION:
Amount invested by Daniel
Annual interest rate
Total amount generated by compound interest is
Here Principle amount
rate of interest
number of times compounding done in a year
total duration of time
putting values we get
=
Hence the total balance after will be
Answer:
weeks or
weeks
Step-by-step explanation:
To do this we can set up a proportion
This will tell us how many weeks are in 2/5 of a year
Let's evaluate this
We cannot simplifiy this anymore, so we will leave it as an improper fraction, or a mixed number as shown below
weeks