Suppose your parents decide to invest $5,000 in gold. their financial advisor anticipates that the value of gold will increase 17% every year for the next 15 years. how much would their investment be worth after 15 years?

Worth of their investment after 15 years becomes $52693.6.

Step-by-step explanation:

Since we have given that

Value of gold that his parents decide to invest (P) = $5000

Rate of increment in the value (r) = 17%

Number of years (n) = 15 years

As we know the formula for "Compound Interest":

so, our equation becomes,

Hence, Worth of their investment after 15 years becomes $52693.6.

the ratio of white tiles to blue tiles is 48: 16. the ratio in it's simplest form is 3: 1.

step-by-step explanation:

ratio: take the first number and add a colon next to it, then add the second number after that. make sure the ratio order matches up with the written problem!

simplest form: we can simplify the ratio 48 : 16 by dividing both terms by the greatest common factor (gcf).

the gcf of 48 and 16 is 16.

divide both terms by 16:

48 ÷ 16 = 3

16 ÷ 16 = 1

reducing to simplest form:

48 : 16 = 3 : 1

g

step-by-step explanation: