Answer: number 3 4 5
Step-by-step explanation:hope this helps!
Answer:
2/5
Step-by-step explanation:
1. 1/2 * 4/5
2. 4/10
3. reduce/divide the fraction by 2
4. you get 2/5
Use this equation: Amount after years=Initial investment*(1+Interest rate/time compounded yearly)^number of years*times compounded yearly
So A=25,000(1+.095/1)^8*1
Simplify
A=25000(1.095)^8
Simplify
A=25000(2.07)
Solve
A=$51,671.73
This equation can be used for all problems of this type.
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