The answer is true because it is the same
<span>√2/2 in fraction form
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Invested amount (P) = $300.
Time in years (t) = 2 years.
Balance after 2 years (A) = $329.49.
Let us assume rate of interest = r % compounds annually.
We know, formula for compound interest
Plugging values in formula, we get
Taking square root on both sides, we get
r=0.048.
Converting it into percentage by multiplying by 100.
r=0.048 × 100
r = 4.8 %
Therefore, the rate of interest on the account is 4.8% compounds annually.
Answer:
1:3:8
Step-by-step explanation:
The original ratio erasers:pens:pencils is 5:15:40. Since the greatest common factor is 5, we can divide all the numbers by 5.
Therefore the ratio is 1:3:8