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Question
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Split the fraction on the left
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Take away h/5 from both sides
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Change the denominator to be the same
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Put it into single fraction
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Rearrange (This step may not be necessary)
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What is it called, a comparison of two numbers when divided
If you multiply by 100 you will get the percentage
Answer:
The formula for compound interest is P (1 + r/n)^(nt), where P is the initial principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods.