The formula is
V (t)=V0 (1-r)^t
V (t)?
V0 1000
R 0.05
T 5 years
V (5)=1,000×(1−0.05)^(5)=773.78
Answer:
10 11/20
as a fraction.
Step-by-step explanation:
.55 is 55/100 but can be simplified. 55 and 100 can be divided by 5 so it goes to 11 and 20
Answer:
It's 4.75
Step-by-step explanation:
If you subtract 5-.25=? The answer would be 4.75. Hope this helps.