Answer:
Original Value= $361.21
Step-by-step explanation:
Giving the following information:
The value of the savings bond increases by 3% each year. One year after it was purchased, the value of the savings bond was $515.
<u>To calculate the original value of the bond, we need to use the following formula:</u>
OV= PV/(1+i)^n
OV= original value
PV= present value
i= increase rate
n= number of months
OV= 515 / (1,03^12)
OV= $361.21
Answer:
28
Step-by-step explanation:
Hello!
You first cross multiply
4 * 7 = 28
5 * r = 5 * r
r * 5 = 28
Divide both sides by 5
r = 28/5 = 5.6
The answer is 28/5 or 5.6
Hope this helps!
Answer:
1111, 11111
Step-by-step explanation:
Answer:
0.0001042
Step-by-step explanation:
Power of tens rule states that if the denominator of a fraction has the positive power of 10, decimal in the numerator will be shifted to the left by the same number of places as exponent.
10⁴) 1.042 = 
In the denominator of the given fraction, exponent of 10 = +4
So the decimal in numerator will be shifted left by 4 places.

Therefore, answer is 0.0001042