Mark deposited $40,000 in an account that earns compound interest. the annual interest rate is 6%, and the interest is compounded 6 times a year. the current balance in the account is $40,400. how long has the money been invested?

0.85 or 85%

step-by-step explanation:

1) divide 23 by 27

2) round the decimal to the nearest 10

3) so your answer would be 0.85 or 85%

in problems involving proportions, we can use cross products to test whether two ratios are equal and form a proportion. to find the cross products of a proportion, we multiply the outer terms, called the extremes, and the middle terms, called the means.

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