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Marrrta [24]
3 years ago
14

What is the word form of 3.75

Mathematics
2 answers:
Bad White [126]3 years ago
7 0
Three and sevendy five hundredth.
Anna [14]3 years ago
6 0
The given number is 3.75, we will read the number separately first as follows:
before the decimal point we have 1 3 which is read as three
after the decimal point we have a .75 which is read as seventy-five hundredth

So, combing the two parts, we can find that the word form of 3.75 is:
three and seventy-five hundredth.
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Find the future value of 575 at 5.5% compounded quarterly for 5 years. Round to the nearest cent
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Answer:

Future value = $755.61 ( to the nearest cent)

Step-by-step explanation:

The formula for calculating the future value of an invested amount compounded periodically for a number of years is given as:

FV = PV (1+\frac{r}{n} )^{n*t}

where:

FV = future value = ???

PV = present value = $575

r = interest rate in decimal = 5.5% = 0.055

n = number of compounding periods per year = quarterly = 4

t = time of investment = 5 years

∴ FV = 575 (1+\frac{0.055}{4} )^{4*5}

FV = 575 (1+0.01375)^{20}\\FV = 575 (1.01375 )^{20}\\FV = 575 * 1.3141\\FV = 755.607

∴ Future value = $755.61 ( to the nearest cent)

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2 years ago
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Answer:

<h3><u>Required Answer</u><u>:</u><u>-</u></h3>

Every number raised to a negative exponent will have a value smaller than 1.

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Step-by-step explanation:

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