Answer:
The lowest terms equivalent to - 1.25 = -
Step-by-step explanation:
- 1.25 = -
= - ( 1 × 100 +25) ÷ 100
= -( ) × (
= -
= - () × (
= -
A grocery delivery driver is 5 1/4 miles west of the cities bowling alley when she receives a call to pick up groceries from the
1 answer:
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We have been given that an account is opened with a balance of $3,000 and relative growth rate for a certain type of mutual fund is 15% per year.
In order to tackle this problem we have to find the value of mutual fund after 5 years. For our purpose we will use compound interest formula.
,where A= amount after t years, P= principal amount, r= interest rate (decimal) and t= number of years.
After substituting our given values in above formula we will get
Now we will solve for A
Therefore, after 5 years mutual fund is worth $6034.07.