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docker41 [41]
4 years ago
12

What is 0.06% as a decimal and a fraction

Mathematics
2 answers:
mezya [45]4 years ago
6 0
<span>Step 1: 0.06 = 6⁄100</span> 
<span>Step 2: Simplify 6⁄100 = 3⁄50</span><span> 
hope this helps:)

</span>
Readme [11.4K]4 years ago
6 0
<span>
0.06%=0.06
0.06 as a fraction = 3/50</span>
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How much would $200 invested at 6% interest compounded annually be worth after 6 years? Round your answer to the nearest cent.
Neko [114]
A=P(1+ \frac{r}{n})^{nt}
A=future amount
P=present amount
r=rate in decimal form
n=number of times per year to be compounded
t=time in years

so
P=200
r=0.06
n=1
t=6

evaluate to find A
A=200(1+ \frac{0.06}{1})^{(1)(6)}
A=200P(1.06)^{6}
A=283.704
round
A=$283.70
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