First, we convert the interest such that it is compounded annually. The formula would be:
ieff = (1 + i/m)^m - 1
where m = 4, since there are 4 quarters in a year
ieff = (1 + 0.025/4)^4 - 1
ieff = 0.0252
Then we use this for this equation:
F = P(1 + i)^n, where F is the future worth, P is the present worth and n is the number of years
F = $600(1 + 0.0252)^15
F = $871.53
(((x + y) / 3) + (1 / x)) / (5 + (15 / x))
The best way is to make it one fraction.
Multiply by ((3x/3x) / (3x/3x)) to remove the other fractions.
((x(x + y)) + 3(1)) / (5(3x) + 3(15))
(x^2 + xy + 3) / (15x + 45)
Then factor to simplify
(x^2 + xy + 3) / (3(x + 15))
Answer:
-5.1, -5, -4.5, -4.45,-4 2/5
Answer: No, 1/3 is equal to 2/6
Step-by-step explanation: If you multiply the bottom number, the denominator, and the top number, the numerator, by 2, you will get 2/6 which is equal to 1/3.
