Answer:
503,049
Step-by-step explanation:
250,000 × 1.06^12 is the formula.
You take the percentage which is 6% and you add 1 to it.
So, you get 1.06
Then you take the 1.06 and raise it to the number of years which is 12.
1.06^12
Then you multiply that number to the base number which is 250,000 and get 503,049.
Hope this helps!
7 ÷ 5
1/5 of 7 is equal to 1/5 times 7/1, which will simplify to 7/5, or 7 ÷ 5.