Answer: c) $30,799.45
Step-by-step explanation:
Assuming there are 52 weeks in a year, the rate and time would be converted to;
Rate = 8%/52 = 8/52%
No. of periods = 9 years * 52 weeks = 468
The amount Mr Mantle would have is;
= 15,000 * ( 1 + 8/52%) ⁴⁶⁸
= $30,799.45276
= $30,799.45
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The answer for the question is 20.25
Answer:15 percent
Step-by-step explanation:
(.75) / 5 = 3/20 = 15/100 = 15%