(700/1200)*100 = 58.33%, rounding to the nearest 10th of à percent we get 60%
Answer:
77% and as a fraction it would be 77/100
Step-by-step explanation:
0.77 is a decimal that is in the hundredths place so you already know that it'll be 77% right away then for the fraction you would just put it over 100 but since 77 is an uneven number you cannot simplify it otherwise you would.
Jack's investment on the third year
f(3) = 300(1.02)³ = 318.36 (rounded to 2 decimal place)
Jack's investment on the fifth year
f(5) = 300(1.02)⁵ = 331.22 (rounded to 2 decimal place)
The average rate of change from year 3 to year 5 = (331.22 - 318.36) ÷ (5 - 3)
The average rate of change = 12.86 ÷ 2 = 6.43
