Answers:
___________________________In fraction:
.
___________________________In decimal:
0.38 .
_________________In percent:
38 % .
_________________Explanation:_________________19/50 = (19*2)/(50*2) = 38/100 .
38/100 = 38 ÷ 100 = 0.38 .
38/100 = 38 % .
___________________________
To solve this we are going to use the future value of annuity due formula:
![FV=(1+ \frac{r}{n} )*P[ \frac{(1+ \frac{r}{n})^{kt}-1 }{ \frac{r}{n} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%2AP%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bkt%7D-1%20%7D%7B%20%5Cfrac%7Br%7D%7Bn%7D%20%7D%20%5D)
where
is the future value
is the periodic deposit
is the interest rate in decimal form
is the number of times the interest is compounded per year
is the number of deposits per year
We know for our problem that
and
. To convert the interest rate to decimal form, we are going to divide the rate by 100%:
. Since Ruben makes the deposits every 6 months,
. The interest is compounded semiannually, so 2 times per year; therefore,
.
Lets replace the values in our formula:
![FV=(1+ \frac{0.1}{2} )*420[ \frac{(1+ \frac{0.1}{2})^{(2)(15)}-1 }{ \frac{01}{2} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%20%29%2A420%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%29%5E%7B%282%29%2815%29%7D-1%20%7D%7B%20%5Cfrac%7B01%7D%7B2%7D%20%7D%20%5D)
We can conclude that the correct answer is <span>
$29,299.53</span>
The answer is the last one; to express very large or small numbers.
We use it so we can show big or very small numbers in an easier way.
Answer:
1 1/2
Step-by-step explanation:
3 1/2 / 2 1/3
If you add the two numbers, 10 +8 is 18. The fractional parts are 1/4 and 2/4 which equals 3/4. So the total length is 18 and 3/4 feet.
