Answer:
30 =z
Step-by-step explanation:
-15 = z/-2
Multiply each side by -2 to isolate z
-2 * -15 = z/ -2 * -2
30 =z
Answer:
The approximate monthly rate of growth is 1.24%
Step-by-step explanation:
we have the future value formula

we have
----> annual interest rate
so


Find the approximate monthly rate of growth
Remember that

so
Divide the number of periods t by 12

Applying power rules property



Convert to percentage

therefore
The approximate monthly rate of growth is 1.24%
1/2 0.55 5/7 one half in decimal form is only .5 and 5/7 is much greater than 1/2 even more than .55
B is also correct answer for this question.