3 years ago

What is the quotient of 3\4 and 5\6

Mathematics

2 answers:

Elis [28]3 years ago

5 0

Answer:

9/10

Step-by-step explanation:

stira [4]3 years ago

4 0

3/4 divided by 5/6 is 9/10 or .9

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A bank features a savings account that has an annual percentage rate of r=5.2% with interest compounded quarterly. Marcus deposi

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Answer:

Part A)

$P=\$8,500\\ r=0.052\\n=4$

Part B) $S(7)=\$12,203.47$

Step-by-step explanation:

we know that

The compound interest formula is equal to

$S(t)=P(1+\frac{r}{n})^{nt}$

where

S is the Future Value

P is the Present Value

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

Part A)

in this problem we have

$P=\$8,500\\ r=5.2\%=5.2/100=0.052\\n=4$

Part B) How much money will Marcus have in the account in 7 years?

we have

$t=7\ years\\ P=\$8,500\\ r=0.052\\n=4$

substitute in the formula above

$S(7)=8,500(1+\frac{0.052}{4})^{4*7}$

$S(7)=8,500(1.013)^{28}$

$S(7)=\$12,203.47$

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