Hello,
0.5733 = 0.57
Bye :)
0.5733 to the nearest hundredth would be 0.57, here's why:
After a decimal it goes tenth, hundredth, thousandths, ect. So that means the second spot after the decimal is will be the last number. Now look at the thousandths place (3) behind the hundredth place (7), it is 4 or smaller so we will let it rest and the hundredth place will stay a 7.
To calculate interest over time, you need to use the compound interest formula because monthly deposits are being made. However, without more information on how frequently the interest was compounded, we can't find the exact total interest earned from a retirement plan with a 2.5% rate over 42 years with $520 monthly deposits.
The question asks how much interest was gained from investing in a retirement plan with a rate of 2.5% over 42 years. The total monthly deposits were $520. To calculate this, we need to use the simple interest formula which is I=PRT, where 'I' is the interest, 'P' is the principal amount (the initial investment), 'R' is the rate of interest, and 'T' is the period of time.
However, in this case, because the deposits were made monthly, this is not a simple interest problem but a compound interest problem. In such cases, the formula to calculate compound interest (which includes the initial investment amount and the interest earned) is A = P (1 + r/n) ^ nt, where:
As we don't have enough information to conclude the precise amount (e.g., whether the interest was compounded annually, quarterly, monthly, or daily), we can't calculate the exact value of the interest earned.
#SPJ3
Hopethiswillhelpu...:)
number of hours she studies for the tests
which is the dependent variable in the experiment?
A. hours studied
B. test scores
Please let me know in the comments
8/10 - 3/5 =
A. 1/5
B. 5/5
C. 2/10
D. 4/5