Let's say the APR is 5%. That means you get 5% of your balance back every year. The $100 balance would get $5 back, the $500 balance would get $25 back, and the $1000 balance would get $50 back. Therefore, all of the balances would take the same amount of time to double, and it would take all of them 20 years.
$5*20 years=$100
$25*20 years=$500
$50*20 years=$1000
The LCM of 24 and 72 is 72 :)
Answer z= 43/36
Step-by-step explanation:
We have given,
2 13/18 - z = 1 19/36
Since 2 13/18 = 49/18 and 1 19/36 = 55/36
So we can write,
2 13/18 - z = 1 19/36
or 49/18 - z = 55/36
or 49/18 - 55/36 = z
or (98 -55)/36 = z
or 43/36 = z
Hence we got z = 43/36
