A=P(1+R)^n A=amount in 10 years P=original amount (200) R=rate(o.o6) n=number of times compunded(20) A=200x1.06^20 =641.4270944 Therefore Rachel will have 641.42 in 10 years
This is a simple ratio problem and can be solved using the Rule of Three property. The Rule of Three is used to compare two ratios and find the missing part. In this case the ratios would be the following.
So now we know that 100% (The full budget) has a total value of $160,000.
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Step-by-step explanation: Range is the difference between the highest and lowest number, so since 5 is the highest and 1 is the lowest you subtract 1 from 5 to get your answer: 4.