Answer:
67/500
Step-by-step explanation:
we have
The decimal number 0.134
Convert to a fraction number
Multiply by (1,000/1,000) the number
0.134*(1,000/1,000)=134/1,000
Simplify
Divide by 2 both numerator and denominator
67/500
Answer:exact form
Is 2/35 decimal form is 0.0571428 with a line on top
Step-by-step explanation:
Answer: 1517.54
Step-by-step explanation:
So we can divide solving this question into two parts: the 2% compound interest and the 5% compound interest.
We know that the compound interest equations is A = P(1+r/n)^nt where:
A is final amount
P is principal (initial) amount
r is interest rate
n is number times interest compounded
t is number of time periods
Given this, in the 2% compound we know:
A = ?
P = 1200
r = 2%
n = 1 (because it didn't say how many times compounded so we assume 1)
t = 2
This becomes:
A = 1200 (1 + (0.02/1))^ 1 * 2
A = 1248.48
Because we switching to 5% from 2%, we can assume that the final amount from the 2% will be the initial amount in the 5%. Thus:
A = ?
P = 1248.48
r = 5%
n = 1
t = 4 (because there were 6 years in total and we used 2 years for 2%)
This becomes:
A = 1248.48 (1 + (0.05/1))^ 1 * 4
A = 1517.54
The two lines will intersect at the point (7, 7)
36 is the y intercept
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