You can model it like this:
5/1 x 2/3
5 x 2=10
1 x 3=3
10/3 is your answer
Can you show the things below
Belinda will need to use the simple compounding formula to get the yearly income of $3500.
Present amount = Future amount /(1+interest)^payments
where
Future amount = $35000
interest = 2.8%
payments = 1
Subsitute all the given values, we will get the present amount
Present amount of CD = $34,046.7
Answer:
x = - 6
Step-by-step explanation:
Given
= 3
Multiply both sides by 5 to clear the fraction
9 - x = 15 ( subtract 9 from both sides )
- x = 6 ( multiply both sides by - 1 )
x = - 6