Your neighborhood would like to raise funds to update the equipment in the neighborhood park. They hold a bake sale and raise 3/8 of the desired funds and then have a neighborhood yard sale and raise another 1/4. What is the total fractional amount of the desired funds they have raised?
If the bake sale raised 3/8 of the desired funds, and the yard sale raised another 1/4, then the total fractional amount raised is 3/8 + 1/4 = <<3/8+1/4=5/8>>5/8. Answer: \boxed{\frac{5}{8}}.
