Simplify the Numerical Expression $$3 \times 5 \frac { 1 } { 3 }$$

question 193

Short Answer

Simplify the numerical expression. Give your answer in reduced form. $$3 \times 5 \frac { 1 } { 3 }$$

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Definitions:

RRSP

Registered Retirement Savings Plan, a retirement savings and investing vehicle for employees and the self-employed in Canada.

Month-End Contributions

Investments or payments made into a financial account or plan at the end of the month for accounting or strategy purposes.

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Annual Rate

The interest rate for a whole year, as opposed to just a monthly fee/rate or other rate expressed for a different period.