Answer:
8 2/9 - 2 2/3 = 50/9 = 5 5/9
Step-by-step explanation:
So the answer would be B.
For this, we have to calculate how much money has to be invested at 2.3% interest compounded continuously to achieve $41,000 after 17 years
Formula: A= P * ( 1+r)^t
A= $41,000
r=0.023
t= 17
<span>41,000= P * (1+0.023)^17
</span>41,000= P * (1.023)^17
41,000= P * 1.4719
P= 41,000 : 1.4719
P= $27,731.59
Therefore, the answer is C. $27,731.59
I checked by doing the opposite, and I got $41,000.01, which is the closest to the question<span>
</span>
Answer:
193%
Step-by-step explanation:
40.2 - 13.7 = 26.5
26.5 ÷ 13.7 = 1.93
1.93 = 193%