The amount gotten after $1689 invested for 4 years at 3% compounded annually is $1901
The amount of money gained after an investment is compounded is given by:

Where P is principal, A is the final amount, r is the rate, n is the number of times compounded per period and t is the time
Given that P = $1689, t = 4, r = 3% = 0.03, n = 1, hence:

The amount gotten after $1689 invested for 4 years at 3% compounded annually is $1901
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Answer:
The fraction that represents the decimal 0.12 is 3/25
Step-by-step explanation:
step 1: find the place value of the last digit in 0.12
Since they are 2 digits in 0.12 the place value of last digit is the 100 th, therefore 0.12 is the same as 12/100
step 2: simplify 12/100 by dividing both the denominator and numerator by 4
that is <u>1</u><em><u>2 divide by 4 = 3 and 100 divide by 4 =25</u></em>
therefore the fraction = 3/25