Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.
<h3>
Compound interest</h3>
Compound interest is given by:

where A is the amount after t years, P is initial amount, r is the rate and n is the times compounded per period
Given that n = 1, r = 9% = 0.09, A = $7500 t = 11. Hence:

Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.
Find out more on Compound interest at: brainly.com/question/24924853
Answer:
23400 x 8/100 = 1872 = the loss
1872 : 12 = 156= the loss each month
156/1872*100% = 8.33 % then round it
Answer:
5/10
Step-by-step explanation:
0.5 converted to a fraction is 5 out of 10.
Hope this helps!
Answer:
Yes.
Step-by-step explanation:
Rational numbers can be represented as fractions with integers. The denominator must not equal 0.
is already in this form. This means that it's a rational number.
Hope this helps.