An account is opened with an initial deposit of $100 and earns 3.0% interest compounded monthly.
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You could do all of the work with the multiplying, but what I think it wants you to see is that you can divide like numbers by subtracting exponents.
so if we did that we would get
this in turn would give us 4 x -9 x -5 = 180
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⚫We have to find out the value of
⚫So we have to convert it like this first,
⚫Do reciprocal to change the sign of divide into multiply
⚫By doing this, we will get
Simplify this,
⚫⚫So our answer will be