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amm1812
3 years ago
15

What is 0.004 in fraction simplified

Mathematics
2 answers:
lana [24]3 years ago
8 0
0.004 is equal to 4/1000. Divide both the top and bottom numbers by 4 to simplify. You answer is 1/250. :)
Alexxx [7]3 years ago
4 0
4/1000 = 2/500 = 1/250
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URGENT EXPLANATION AND SOLVING
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x = 53 \textdegree

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Find the 64th term in the number sequence<br> 4,9,14,19
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319 is the term

Step-by-step explanation:

Please give me brainliest :)

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3 years ago
You find an interest rate of 10% compounded quarterly. Calculate how much more money you would have in your pocket if you had us
Elena-2011 [213]

Answer:

see the explanation

Step-by-step explanation:

we know that    

step 1

The compound interest formula is equal to  

A=P(1+\frac{r}{n})^{nt}  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

r=10\%=10/100=0.10\\n=4  

substitute in the formula above

A=P(1+\frac{0.10}{4})^{4t}  

A=P(1.025)^{4t}  

Applying property of exponents

A=P[(1.025)^{4}]^{t}  

A=P(1.1038)^{t}  

step 2

The formula to calculate continuously compounded interest is equal to

A=P(e)^{rt}  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest in decimal  

t is Number of Time Periods  

e is the mathematical constant number

we have  

r=10\%=10/100=0.10  

substitute in the formula above

A=P(e)^{0.10t}  

Applying property of exponents

A=P[(e)^{0.10}]^{t}  

A=P(1.1052)^{t}  

step 3

Compare the final amount

P(1.1052)^{t} > P(1.1038)^{t}

therefore

Find the difference

P(1.1052)^{t} - P(1.1038)^{t} ----> Additional amount of money you would have in your pocket if you had used a continuously compounded account with the same interest rate and the same principal.

3 0
3 years ago
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