Concept explainers
To calculate: The equivalent rate.
Answer to Problem 33E
The equivalent rate is
Explanation of Solution
Given information:
The following equivalent fractions:
Calculation:
To find an equivalent rate, convert from dollars per year to dollars per month. To do so, multiply the rate by a conversion factor. There are
Chapter 6 Solutions
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
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