Perform the Indicated Operation and Write the Answer with Positive $( a ) ^ { 3 / 8 } \cdot ( a ) ^ { - 1 / 8 }$

question 38

Short Answer

Perform the indicated operation and write the answer with positive exponent in lowest terms:
$( a ) ^ { 3 / 8 } \cdot ( a ) ^ { - 1 / 8 }$

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Definitions:

Premium Amortization

The process of gradually reducing the premium paid on bonds purchased above their face value over the life of the bonds.

Straight-Line Method

The straight-line method is a technique for calculating depreciation of an asset by evenly spreading its cost over its expected useful life.

Semiannual Interest

Semiannual interest refers to the interest payment made two times a year on a loan or bond.

Present Value

The present valuation of a future financial sum or cash flow series, factoring in a specific return rate.