You can converte them to a common denominator like 6. 1/2 would be 3/6. 2/3 would be 4/6.
Answer:
FV= $123,879.85
Step-by-step explanation:
Giving the following information:
Montlhy deposit (A)= $100
Monthly interest rate (i)= 0.09/12= 0.0075
Number of periods (n)= 12*26= 312 months
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.0075^312) - 1]} / 0.0075
FV= $123,879.85
Answer:
Savings= $236
Step-by-step explanation:
Giving the following information:
Money spent= $59
Proportion of savings= 25% = 0.25
<u>To calculate the total savings before shopping, we need to use the following formula:</u>
Savings= money spent / proportion of savings
Savings= 59 / 0.25
Savings= $236
Answer:
you gotta go to school
Step-by-step explanation:
Since F(X) = 3^X,
F(4) = 3^4 = 81