The decimal form of 80% is . 80 meaning you have 80 parts of 100 so the fraction would be expressed as 80/100. Then this fraction can be further reduced, first I would devide both the numerator and denominator by ten so you are left with 8/10 which can be further reduced.
The answer is the second option.
To find the answer quickly, fist look at the signs associated with the terms. The is a negative sign with the B and C in the original equation, and the second option is the only one that follows that.
You use 6 as the C since that is a shared value when multiplying 2 and 3, so 1/2 becomes 2 and 1/3 becomes 3.
Answer:
FV= $7,040.46
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $5,500
Number of periods (n)= 5*2= 10 semesters
Interest rate (i)= 0.05/2= 0.025
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 5,500*(1.025^10)
FV= $7,040.46