The answer would be seven point five
Yes compund interest is always greater than simple interest
simple interest = principal
compound interest = principal + accumulated interest
Answer:
1 7/8
Step-by-step explanation:
3/8 * 5/1 = 15/8
<-- First multiply 3/8 by 5
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15/8 = 1 with a remainder of 7
<-- Then convert 15/8 to a mixed number by dividing 15 by 8
15/8 = 1 7/8
56 is a decimal part of 70. 56 = 4/5 = .8
