Answer:
4 1/12
Step-by-step explanation:
a = 5/6 b = 3 1/4 = 13/4
To add 5/6 + 13/4, we have to make the denominators the same:
20/24 + 78/24 = 98/24
To make it back to a mixed fraction:
4 2/24
4 1/12
Here’s the answer, hope it helps. Btw these are screenshots from someone else’s work not mine
B
5/4 times 4/5X=8/1 times 5/4
X=40/4
X=10
The formula to be used here is:
F = P(1+i)ⁿ
where
P = 40000
n = 6 1/4 years
Let's find i first which has to be converted to compounded annually.
i = (1 + r/m)^m - 1
where m = 4 because there are 4 quarters in 1 yr; and r is the given 0.14.
i = (1 + 0.14/4)⁴ - 1 = 0.1475
Thus,
F = (40000)(1+0.1475)^(6 1/4)
<em>F = $94,517.96</em>
