Mathematics: What is the answer for this 3/8% as a fraction

What is the answer for this 3/8% as a fraction

whitefang3153

31.12.2021

3 / 8 % = ( 3 / 8 ) / 100 = ( 3 / 8 ) * ( 1 / 100 ) = 3 / 800 ;

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siicklmods4295

31.12.2021

3 / 8 % = ( 3 / 8 ) / 100 = ( 3 / 8 ) * ( 1 / 100 ) = 3 / 800. Hope this helps :))

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dpazmembreno

17.11.2021

11.25 years

Step-by-step explanation:

Given data

P=3000

R= 5%

A=5200

simple interest formula is

A=P(1+r)^t

t = ln(A/P) / ln(1 + r)

t= ln(5200/3000)/ln(1+0.05)

t=ln(1.73)/ln(1.05)

t=0.54/0.048

t=11.25 years

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