9514 1404 393
Answer:
5/6
Step-by-step explanation:
Addition or subtraction of fractions requires a common denominator. The value 3/3 can be multiplied by 2/2 to give 6/6, which has the same denominator as the other fraction.
5 will go into 515, 103 times.
In order to get the answer to this question you will have to use PEMDAS and solve.
Using PEMDAS:
Therefore your answer is "-103."
Hope this helps.
The total balance in Raul's account after 40 years when he retires is $65,714.90.
<h3>What is the total balance?</h3>
The formula that can be used to determine the balance of the accout is: monthly amount saved x annuity factor.
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 1.5/12
- n = number of periods = 12 x 40 = 480
$100 x [(1.00125^480) - 1 ] / 0.00125 = $65,714.90
Here is the complete question:
Raul is a saver. He sets aside $100 per month during his career of 40 years to prepare for retirement. He does not like the idea of investing because he prefers to minimize his risk as much as possible, so he puts his money in a savings account which earns 1.5% interest per year. What is the balance in the account after 40 years?
To learn more about annuites, please check: brainly.com/question/24108530
Answer: $250
Step-by-step explanation:
The computer reduces by half of its value every year. It is originally valued at $4,000 so the value in 4 years can be calculated by the formula:
= 4,000 * 0.5 ^ number of years
= 4,000 * 0.5⁴
= $250
Another method is to reduce by half every year:
First year = 4,000 / 2 = $2,000
Second year = 2,000 / 2 = $1,000
Third year = 1,000 / 2 = $500
Fourth year = 500 / 2 = $250
