Answer:
Benchmark can be defined as the standard or reference point against which something can be measured, compared, or assessed.
Step-by-step explanation:
Answer:
6:54?
Step-by-step explanation:
Im really sorry if it's wrong but I'm pretty sure thats the answer since its a ratio
You have invested 1200 dollars in your mutual fund and now gained 1333 dollars. First let's solve how much money added to your investment.
=> 1333 - 1200 = 133 dollars was added to your account
=> 133 / 1200 = 0.11
Next, lets convert this to decimal value.
=> 0.11 * 100% = 11% was added to you investment.
When you multiply a same number but with different powers, you can simply add the powers together. So, in your question, add the powers -1 and -7 together.
7^(-1) x 7^(-7) = 7^(-8)
When you divide a same number but with different powers, you subtract the power at the top with the power from the denominator. So, -8 - (-7) = -1.
7^(-8) / 7^(-7) = 7^(-1)
So your answer would be 7^(-1).
Hopefully my explanation was clear?