Let
F--------------------> future value
P--------------------> present value
r --------------------> interest rate per year
m ------------------ > number of compounding periods per year
t --------------------> time in years.
we know that
P=$1,600
<span>t=17 years
m=2
r=10%------> 0.10
F=P(1+i)</span><span>^n
</span><span>where
i=r/m ---------> 0.10/2=0.05
and
n=m*t------------> 2*17=34
</span>F=1600*(1+0.05)^34=8405.36
<span>
the answer is $</span>8405.36<span>
</span>
Answer:
12n+2
Step-by-step explanation:
w(n)=4n+2
w(3n)=4(3n)+2
w(3n)=12n+2
Answer:
all work is shown and pictured
Answer:
y = 0.1x+200
Step-by-step explanation:
First, let's establish that:
x is independent
y is dependent
Basically, the value of y will depend on what x is.
The problem states that the slope of the line is Dave's comission, so since he makes 10% of comission, we can make the slope as 0.1x (mx)
The problem also states that the y intercept (b) is Dave's base salary, and earlier in the problem it states that his base salary is $200 a week. Therefore, b=200
now, the equation is:
y=0.1x+200
Hope this helps!
Y= -3. Someone else had the same question I just answered lol
