This problem can be solved by simple economics. Since compounding interest is not specified, let's keep it simple and just deal with simple interest. The equation to use is:
F = P(1+rn)
where
F is future worth
P is present worth
r is interest rate
n is time
F = (70,000)(1+0.09*35)
<em>F = $290,500</em>
The answer is “is not” hope this helps
Answer:
no
Step-by-step explanation:
Answer:
2/5 4/10 40/100
Step-by-step explanation:
40 percent is 40 out of 100 which is simplified to 4 out of 10 or 2 out of 5.