credit to an asset account (accounts receivable)
good luck!
Answer:
29/69 (= 0.42)
Step-by-step explanation:
there are several ways to do this, one way is to use fractions:
Expressing each decimal in improper fractions:
14.5 = 14 1/2 = 29/2
34.5 = 34 1/2 = 69/2
Hence,
14.5 ÷ 34.5
= 29/2 ÷ 69/2
= 29/2 x 2/69
= 29/69 (answer)
If you need the answer in decimal, you can use long division to do 29÷69 and you will get 0.42 (nearest hundredth)
Answer:
Step-by-step explanation:
<u><em>The value of r is the question is</em></u>
r=0.03
we know that
The formula to calculate continuously compounded interest is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
e is the mathematical constant number
we have
substitute in the formula above
solve for t
Apply ln both sides
Apply property of logarithms
Remember that

72/5 or 14.4 hope this helped you