Write 5 1/3% as a fraction in simplest form
2 answers:
In order to find 5 1/3% as a fraction, first convert to an improper fraction...
5 1/3% = 16/3%
To convert % to a fraction we divide by 100...
16/3% = 16/3 ÷ 100
To divide fractions we multiply the reciprocal of the divisor...
16/3 ÷ 100 =
16/3 × 1/100 =
Now multiply
16/3 × 1/100 = 16/300
Now reduce
16/300 = 8/150 = 4/75
5 1/3% = 4/75
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Step-by-step explanation:
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answer: dividing the number by 100
100 ×100= 100000
100000÷100
100
X=year
y=$
y=200(1.003)^12x
3.6%->.036/12 (compounded monthly)
=0.003+1
y=200(1.003)^12(1) (1 year)
=$207.31999
BUT
200•12 ($200 deposited every month)
=$2400
2400+207.3199=
$2607.32
The answer is 895 I think
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