Answer:
14/45
Step-by-step explanation:
So we have the fraction:
We can do this algebraically. Follow to following steps:
Let's let this number equal to n. Thus:
Since there is only 1 digit repeating, let's multiply everything by 10. So:
Now, subtract n from both sides:
On the left, substitute the number for n. On the right, combine like terms:
All of the 1s will cancel. So:
Subtract:
Divide both sides by 9:
Remove the decimal by multiplying both sides by 10:
Reduce:
And we're done!
Use a calculator to check:
Tavius would earn his best value if he invests in a three-year certificate of deposit with a nominal interest rate of 4 percent.
Tavius would invest in the option that yields the highest interest. This is the best value. In order to determine which option is the best, the interest rate of each option has to be determined.
<em><u>Interest rate of the first option</u></em>
Interest earned = amount invested x time x interest rate
$2500 x 0.03 x 2 = $150
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<em><u>Interest rate of the second option</u></em>
Interest earned = amount invested x time x interest rate
$2500 x 0.03 x 1 = $75
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<em><u>Interest rate of the third option</u></em>
Interest earned = amount invested x time x interest rate
$2500 x 0.04 x 3 = $300
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<em><u>Interest rate of the fourth option</u></em>
FV = P x (1 + r) n
$2500 x (1.03) = $75
A similar question was answered here: brainly.com/question/24748787?referrer=searchResults
Fractions,rats, and percents all interconnect. For ext,50%=11/2 =1:2
