First, we convert the interest such that it is compounded annually. The formula would be:
ieff = (1 + i/m)^m - 1
where m = 4, since there are 4 quarters in a year
ieff = (1 + 0.025/4)^4 - 1
ieff = 0.0252
Then we use this for this equation:
F = P(1 + i)^n, where F is the future worth, P is the present worth and n is the number of years
F = $600(1 + 0.0252)^15
F = $871.53
This is the best I got Require to make 2 equations with the same repeating part and subtract them to eliminate the repeating part.
begin by letting x = 0.5555555................. (1)
To obtain the same repeating part after the decimal point need to multiply by 10
hence 10x = 5.555555........................(2)
It is important to obtain 2 equations in x, where the recurring part after the decimal points are exactly the same.
now subtract (1) from (2) to obtain fraction
(2) - (1) : <span>9x=5⇒x=<span><span>59</span></span></span>
So there is 26 shirts in total because 4+8+4+10=26 Then you need to take 26-4=22. You do this because there is 26 total clothing and only 4 of them aren't either a blue piece of clothing or pants that means you have 22 pieces of clothing that are blue or pants. So your odds of picking a blue piece of clothing or pants is 22/26.
Hope this Helps!!
