HELP I DONT UNDERSTAND

They're not equal!

Step-by-step explanation:

1.) Another way we can write ratios is in fraction form. This would be 2/12 and 6/24.

2.) Next, we can simplify these fractions. 2/12 simplifies to 1/6 (we just divided the numerator and the denominator by 2).

6/24 simplifies to 1/4 (we divided the numerator and denominator by 4)

3.) Finally, we can compare. Is 1/6 equal to 1/4? No! In fact, 1/6 is less than 1/4 because one part out of six is much smaller than one part out of four!

$3,200 x 7.25% = $3,200 x .0725 = $232 interest monthly

$232 monthly x 12 annual = $2, 784

step-by-step explanation: