Answer:
=
To find equivalent fractions, multiply be any number that is the same for the numerator/denominator
You can also divide, but it must be divisible by both the numerator/denominator
Complete the net worth statement. What is the net worth of the individual? A) $171,645 B) $19,950 C) $21,000 D) $26,595
2 answers:
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Answer:
$268.78
Step-by-step explanation:
We will use the compound interest formula to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
First, change 3% into its decimal form:
3% -> -> 0.03
Now, plug in the values:
After 10 years, you will have $268.78