1. You decide to deposit $20,000 into an account that pays 6.5% interest compouded monthly. How much money will you have in the
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Eighths and their multiples are common fractions which I recommend memorizing, but to actually solve this, you use the literal meaning of a fraction and divide 5 by 8. See the long-division below (it was surprisingly difficult to type, so I hope it helps!).
To round 0.625 to the nearest hundredth, we go to the second decimal place, which is 5, so we round up to 0.63.
To round 0.625 to the nearest hundredth, we go to the second decimal place, which is 5, so we round up to 0.63.
He can drink 2/5 of the 8 3/4 sodas.
The answer is 7/2 or 3 1/2 sodas.
Of course, Fred would be better off is he drank water instead of soda. :-)
The answer is 7/2 or 3 1/2 sodas.
Of course, Fred would be better off is he drank water instead of soda. :-)