0.016 as a fraction is 16/1000 and in simplest form it is 2/125.
An easy way to figure out the fraction of a decimal is by the decimal places. As we can see, there are four numbers in our decimal (0.016).
The first decimal place = ones
The second decimal place = tenths
The third decimal place = hundredths
The fourth decimal place = thousandths
We stop at the thousandths place, so basically, take 16 and put it over 1000, which looks like 16/1000.
Answer: $59313.58
Step-by-step explanation:
We know that formula we use to find the accumulated amount of the annuity ( ordinary annuity interest is compounded ) is given by :-
, where A is the annuity payment deposit, r is annual interest rate , t is time in years and n is number of periods.
Given : Annuity payment deposit :A= $4500
rate of interest :r= 6%=0.06
No. of periods : m= 1 [∵ its annual]
Time : t= 10 years
Now we get,
∴ the accumulated amount of the annuity= $59313.58
The range (y) of the function is from negative infinity to infinity. According to the options I think it's A, all real numbers.
Answer: A
//Hope it helps.
