Answer:
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Divide it by 4/4. You should get 7/8. 7/8 is the same as 28/32. 28/4=7, 32/4=8. Therefore, you can divide it by 4/4.
Can you tell me what you need help because it doesn't says
Answer:
(1.06)0 = 1 and positive powers of 1.06 are larger than 1, thus the minimum value N(t) attains, if t≥0, is 400.
From the point of view of the context, a CD account grows in value over time so with a deposit of $400 the value will never drop to $399.