The answer is 1/5 because if you do it right that is what u get
Write the mixed numbers as improper fractions.
Rewrite thedivision problem using the improper fractions.
So to divide mixed numbers you should change the fractions to improper fraction and the convert the problem to a multiplication question.
75 ÷ 1 = 1
75 ÷ 3 = 25
75 ÷ 15 = 5
We know the formula for compound interest as

Now, we have been given that Ellen has $125. It means we have
P = $125
From the given directions, we have

On substituting these values in the above mentioned formula, we have

Therefore, Ellen would have $240.08 after 8 years.