The second option 0.04 is greater
I think I may be missing something ... I don't completely understand your question.
All you need to make a fraction is two numbers and a bar. The bar can be either
horizontal or slanty. Then you write one number on top and the other number on
the bottom, and bada-bing, you have a fraction.
You can make fractions like
2700 / 600
27 / 6
9 / 2 (all 3 of these have the same value)
600 / 2700
6 / 27
2 / 9 (all 3 of these have the same value)
Answer:
The principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Step-by-step explanation:
Given
- Accrued Amount A = $1000000
- Interest rate r = 6% = 0.06
- Compounded monthly n = 12
To determine:
Using the formula


substituting A = 1000000, r = 0.06, t = 45, and n = 12


$
Therefore, the principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
<h3>
Answer: x = 6</h3>
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Work Shown:


Those are the possible solutions, but plugging x = -14 back into the original equation will lead to an error. So we rule x = -14 out
x = 6 works as a solution however
The second option would be parallel