Answer:
b
Step-by-step explanation:
Answer:
4
Step-by-step explanation:
The common ratio is found by taking the second term and dividing by the first term
12/3 = 4
We can check by taking the third term and dividing by the second
48/12 = 4
The common ratio is 4
Answer:
$104,710.29
Step-by-step explanation:
The amount is given by ...
A = Pe^(rt)
where P is the principal invested at annual rate r for t years. Filling in the numbers, we get ...
A = 30000e^(.05·25) = 30000e^1.25 ≈ 104,710.29
The balance will be about $104,710.29 on the child's 25th birthday.
The correct classification is 3/8 in a proper fraction
