(15 is your answer)
Divide numerator by denominator, cancel out any common factors
Answer:
i dunno
Step-by-step explanation:
but i need the points to ask questions
Answer:
$53.61
Step-by-step explanation:
It looks like the rate of change is supposed to be -2 2/5% = -2.4% per year. That means the "growth factor" is ...
growth factor = 1 + growth rate
growth factor = 1 -2.4% = 1 -0.024 = 0.976
Each year, Charisse's cactus salt and pepper shakers will have their value multiplied by this factor. After 2 years, their value will be ...
($56.28)(0.976)(0.976) = $56.28×0.976^2 ≈ $53.61
The value is projected to be $53.61 in 2 years.
<h3>The final amount is $ 6881.71</h3>
<em><u>Solution:</u></em>
<em><u>The formula for compound interest, including principal sum, is:</u></em>

Where,
A = the future value of the investment
P = the principal investment amount\
r = the annual interest rate in decimal
n = the number of times that interest is compounded per unit t
t = the time the money is invested
From given,
p = 4000
t = 5

n = 4 ( compounded quarterly )
<em><u>Substituting the values in formula,</u></em>

Thus the final amount is $ 6881.71