You can rewrite the decimal as a fraction and compare the two fractions. The fractions need to have a common denominator.
You can change the fraction to a decimal and compare. take the numerator and divide it by the denominator.
Unless I recognize the decimal as a fraction right away, I find it much easier to write the fraction as a decimal and compare
A = P (1 + r/n)^nt
A = 4000(1 + 0.05/1)^(13)(1)
A = $7542.59
Answer:
Step-by-step explanation:
Defined as the average of a set of numbers