Answer
$\frac{3}{12}$, 0.25
Work Step by Step
Put the months over 12, simplify the fraction, then divide the fraction to turn into a decimal.
$\frac{3}{12}=\frac{1}{4}=0.25$
Basic College Mathematics (9th Edition)
by Lial, Margaret L.; Salzman, Stanley A.; Hestwood, Diana L.
Published by
Pearson
ISBN 10:
0321825535
ISBN 13:
978-0-32182-553-7
Chapter 6 - Percent - 6.7 Simple Interest - 6.7 Exercises - Page 447: 13
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