C. they are worth the same amount of money, 1/2 and 2/4 are both 50% or 50 cents
Answer: Yes he will be
Step-by-step explanation:
To find out if Ted can afford the car, find the future value of $4,300 in three years.
First convert the number of years and rates to quarterly values as this is the compounding period:
Term = 3 * 4 quarters = 12 quarters
Rate = 5.5% / 4 = 1.375% per quarter
Future value = Amount * ( 1 + rate) ^ term
= 4,300 * ( 1 + 1.375%)¹²
= $5,065.69
<em>Considering that Ted makes $5,065.69 in 3 years, he will be able to buy a car that costs $4,700.</em>
9514 1404 393
Answer:
- fraction
- denominator
- product
- numerator
Step-by-step explanation:
When you multiply a <u>fraction</u> by a whole number, the denominator in the product is the same as the <u>denominator</u> of the fraction. The numerator in the product is the <u>product</u> of the whole number and the <u>numerator</u> of the fraction.
__
That's the rule. It is derived from the fact that multiplication indicates repeated addition.

Our products and services can vary by state, based on local laws and regulations. Please select your state to get the most accurate information about the products and services we offer near you.