Help I have a C in math. I don't understand this Alegbra. If you get it right then I will give you Brainlist!
1 answer:
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To find which ratio is higher, we can first convert the ratios into fractions (that makes it easier, at least for me) and then simplify the fractions and see which one is greater.
Since ratios are basically division, 15:20 = , and
12:16 =
Now we simplify these fractions. 15 and 20 have a GCF of 5, so taking out the common number gives us the simplified fraction of .
12 and 16 have a GCF of 4, so taking out the common number gives us the simplified fraction of . Since
=
, these ratios are the same.
Answer:
The Final Investment Value is
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above