It would likely just be written as "two point four five", or "two and forty-five hundredths".
Answer: $ 55
Step-by-step explanation:
When interest is compounded continuously, the final amount will be
When interest is compounded daily, the final amount will be
, where P= Principal , r = rate of interest , t = time
For Hunter , P= $750, r = 
t = 18 years
For London , P= $750, r = 
t = 18 years
Difference = $ 2471.48 - $ 2416.24 =$ 55.24≈$ 55
Hence, Hunter would have $ 55 more than London in his account .
Answer:
Assuming the question is how much interest you will pay in the given time frame with the given terms.
Step-by-step explanation:
Borrowed $300
18% per yr = 18/12 = 1.5% per month
You borrowed for 6 months so you will end up paying 1.5%*6 =9% in interest
$300*(9% or 0.09) = $27 in interest paid + $300 in principal paid if paid off in 6 months.
<u>Total $327.</u>
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<em>If this was an economics class you would also have to factor in the depreciation of the principal amount month to month with minimum payments but I am guessing this is just a basic question so the above answer is correct enough.</em>
Answer:
2
Step-by-step explanation:
Find the greatest common factor of 8, 18, and 70.
Since we are looking for the Greatest Common Factor of the numbers given, we begin by factoring the numbers. It is usually easiest to start with the smallest number. Also, if there is a number that has obvious factors. In our case, satisfies both of these:
8=2⋅2⋅2 In fact,
8 only has one unique factor! If there is to be a common factor (other than
1 ) it must be
2. We now need to check that both
18 and 70 have 2 as a factor:
18=2⋅9
70=2⋅35 Therefore, 2 is the GCF of 8, 18 and 70.
