Well, since there is a 0 in the hundredths place, the 4 in the tenths place would stay the same! Ignore the 3.
Your answer:16.4
I hope this helps!
Answer:
Step-by-step explanation:
<u>Given:</u>
- Investment P = $20000
- Time t = 7 years
- Interest rate r = 5.5% = 0.055
a. <u>compounded semiannually, n = 2</u>
b. <u>compounded quarterly, n = 4</u>
c. <u>compounded monthly, n = 12</u>
d. <u>compounded continuously</u>
Answer:
2/3
Step-by-step explanation:
2/5=0.4 and 4/7=0.571428
0.57<0.571428
---------------------------
2/3=0.6667
which is greater than or equal to 4/7
Answer:
(4,-2)
Step-by-step explanation: