Answer:
B. The number of years between adjustments in the interest rate
Step-by-step explanation:
The "5" in "5/1" means there will not be any adjustment in interest rate for the first 5 years.
The "1" in "5/1" means interest rates may be adjusted at 1-year intervals after the initial 5-year period.
To express a decimal number (with a finite decimal expression) in a fraction, you work like this: the numerator is the number without decimale separator (you simply pretend it's not there), while the denominator will be 
, where n is the number of digits after the decimal separator.
So, in your case, the number without decimal separator is 53, and you have two digits after the decimal separator, so the fraction will be
which is irreducible.
Okay thanks I’ll try to help you
Answer:
The formula is
A=p (1+r/k)^kt
A future value?
P present value 4100
R interest rate 0.04
K compounded monthly 12
T time 10 years
A=4,100×(1+0.04÷12)^(12×10)
A=6,112.41. ..answer
Step-by-step explanation:
A geometric sequence is one that involves addition or subtraction. One example would be "In an auditorium, the 1st row has 25 seats. The 2nd has 30. The 3rd has 35. How many does the 4th have? Take the formula, x + 5. All you do is simply add 5.
An arithmetic sequence is one that involves multiplication or division. For example, "Jon receives 5 dollars each week. If he waits for 5 months, how much money will he have? Honestly, all you have to do is think about the formula. x * 5. x would be the number of weeks.
I know my answer is not as good as the verified one, but it is simpler and easier to understand. I apologize if it isn't good enough.
