Answer: 14.5
Step-by-step explanation:
Answer: 1.8
Step-by-step explanation:
Amount saved= $135
Amount planned to save= $75
Fraction= 135/75 = 9/5
Decimal= 1.8
Answer:
1.25
See the attached image for explanation
Step-by-step explanation:
Aiden's target weight is represented by zero mark on the number line.
Yesterday, Aiden's weight was 0.25 below the target weight that is represented by -0.25 mark.
Today, Aiden's weight was changed by 1.5 from yesterday
change = 1.5 - 0.25 = 1.25
Aiden's weight today is represented by 1.25 mark on the number line.
Let r be the interest rate. Then:
1000(1+r/4)^4=1500
(1+r/4)^4=1.5
ln (1+r/4)^4= ln 1.5
4 ln (1+r/4)=ln 1.5
ln (1+r/4)=0.10136627702704109549450327886609
1+r/4=e^0.10136627702704109549450327886609=1.1066819197003215924087902734403
r/4=0.1066819197003215924087902734403
r=0.42672767880128636963516109376133 or 42.67%, compounded quarterly. ☺☺☺☺