Answer:
25/4.1 or 6 and 2/5
Step-by-step explanation:
I can simplify both 100 and 16.4 by 4, so: 100/16.4=25/4.1
Because this is an improper fraction, I simplify it to: 6 and 2/5
A: $2,957.04
Use the formula a(1-r)^x
Plug in your values:
5,950(1-0.11)^6
Your answer should be 2957.038681
Round it to 2,957.04
251,087
43
