Answer:
0.07 and
Step-by-step explanation:
convert the fraction into a decimal by dividing the numerator by the denominator.
Answer:
Step-by-step explanation:
Using the formula for the growth of investment:
.....[1]
where,
A is the amount after t year
P is the Principal
r is the growth rate in decimal
As per the statement:
Scott invests $1000 at a bank that offers 6% compounded annually.
⇒P = $1000 and r = 6% = 0.06
substitute these in [1] we get;
⇒
Therefore, an equation to model the growth of the investment is,
The denominator of a fraction is 1 more than 3 times the numerator. If the denominator is doubled and the numerator is increased by 2, the value of the resulting fraction is 1/4. Find the original fraction.
Answer:
7
Step-by-step explanation:
Given the information from the question:

Next we can use the order of operations to find the value of the expression.
