1,75% = 0,0175
per month: 0,0175/12 = 0,00145833
500*0,00145833 = 0,73$ interest
Answer:
See below.
Step-by-step explanation:
1.) False - It contains 6 sig figs, not 2.
2.) False - It goes up to 2 decimal places, not 3.
3.) True
4.) False - It goes up to 1 sig fig, not 4.
The correct answer is ten times as much.
When we look at decimals, each place closer to the decimal point is ten times greater. The first 6 is in the hundreths place and the second one is one spot further away. As a result, the first is 10 times as much as the second.
