Taiya invests $4,848 in a savings account with an interest rate of 5% compounded annually. What is the interest that she earned?
1 answer:
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Answer:
5:1 cm
Step-by-step explanation:
Let's look at the ratio in fraction form, since ratios are easier to think about in this mathematical way:
Now we have a fraction which is easier to work with. We can look for a common factor of 25 and 5 and then factor it out to find the lowest terms of our ratio and the simplified version of the fraction. One common factor of 25 and 5 that I can think of is 5 itself. So, let's divide both sides by 5.
÷
=
Does that make sense? 25 divided by 5 is 5, and 5 divided by 5 is 1. So the simplified version of the fraction is , and the lowest terms of the ratio 25:5 cm is 5:1 cm.
Hopefully that makes sense! If you need more help or any of that was confusing or difficult to understand, let me know. :)