First do 2 1/2 / 5/8
5/2/ 5/8=2/5 * 5/8=1/4
now you can do anything with 1/4 so
your answer is 1/4
Answer:
43.35 years
why?
From the above question, we are to find Time t for compound interest
The formula is given as :
t = ln(A/P) / n[ln(1 + r/n)]
A = $2500
P = Principal = $200
R = 6%
n = Compounding frequency = 1
First, convert R as a percent to r as a decimal
r = R/100
r = 6/100
r = 0.06 per year,
Then, solve the equation for t
t = ln(A/P) / n[ln(1 + r/n)]
t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06/1)] )
t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06)] )
t = 43.346 years
(credit to VmariaS)
In a fraction, the fraction bar means divided by. So to find the decimal form equivalent of a fraction like 1/4 you need to solve the math problem 1 dived by 4.
1 ÷ 4= 0.25
multiplication , addition, subtraction, division
For number 12 the answer is 15.36