Please give me a couple of minutes, I’ll answer in the comment section
Answer:
8/15
Step-by-step explanation:
To divide by a fraction, change the division to a multiplication, and flip the fraction.
2/5 / 3/4 = 2/5 * 4/3 = 8/15
Answer:
We get the value of Principal amount i.e initial investment = $61640
Step-by-step explanation:
Interest rate r = 3.59% or 0.0359
Compounded quarterly n = 4
Future Amount A = 117,300
Time t = 18 years
We need to find initial investment i,e Principal Amount P
The formula used is: 
Putting values and finding P

So, We get the value of Principal amount i.e initial investment = $61640