Thanks. I’m not struggling or anything but thanks for the kind words.
Answer:
600
Step-by-step explanation:
<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--><span>For example, a credit card company might charge 1% interest each month; therefore, the APR would equal 12% (1% x 12 months = 12%). This differs from APY, which takes into account compound interest. The APY for a 1% rate of interest compounded monthly would be 12.68% [(1 + 0.01)^12 – 1= 12.68%] a year. If you only carry a balance on your credit card for one month's period you will be charged the equivalent yearly rate of 12%. However, if you carry that balance for the year, your effective interest rate becomes 12.68% as a result of compounding each month.</span>
B=48/7 you simplify 7/b(b) to 7b/6
Then multiply both sides by 6 so 8 x 6 =7b then simplify 8 x 6 =48
And divide both sides by 7 48\7 then switch sides b=48/7
