Question

what is the answer to 2×360/24
and
6.5×360/24
and
1.5×360/24
and
3×360/24

Answer 1

You have the following expression for an annual interest rate:

$I=\frac{2(12)(360)}{2,400(24+1)}$

in order to simlpify the previous expression, proceed as follow:

- simplify the expression inside parenthesis

- multiply number in the numerator

- multiply number in the denominator

- simplify resultant fraction

$undefined$