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patriot [66]
2 years ago
13

Margaret invested $2000 into an account earning 4% interest compounded continuously. How much will her investment be worth after

5 years?
Mathematics
1 answer:
mr_godi [17]2 years ago
8 0

Answer:

$400

Step-by-step explanation:

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Answer: 19/50

Step-by-step explanation: To write a percent as a fraction in lowest terms, first remember that a percent is a ratio that compares a number to 100. In this case, 38% can be written as the ratio 38 to 100 or 38/100. Notice however that 38/100 is not in lowest terms so we need to divide the numerator and denominator by the greatest common factor of 38 and 100 which is 2.

38 ÷ 2 = 19

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<em>Therefore, 38% can be written as the fraction 19/50 which is in lowest terms.</em>

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