Divide the product of 4 and 5/8 by 1 1/2. Write your answer as a mixed number.

1  2/3

Step-by-step explanation:

First, find the product of 4 and 5/8

(4/1)(5/8)= 20/8

Dividing by a fraction is the same as multiplying by the recipricol.

1  1/2 in an improper fraction is 3/2, so its recipricol is 2/3.

(20/8)(2/3)= 40/24

40/24 is the same as 1  2/3

Given:

Principal = R573.00

Rate of interest = 9.3% annually

Time = 15 years.

To find:

The amount after 15 years.

Solution:

Formula for amount is:

Where, P is principal, r is the rate of interest in decimal, n is the number of time interest compounded in an year and t be the number of years.

The interest is compounded annually, so n=1.

Putting in the above formula, we get

Therefore, the amount in the account after 15 years is about  R2174.99.