Answer:
$18,726.11
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First lets change 9% into a decimal:
9% -> 
-> 0.09
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
<u>The balance after 5 years is $18,726.11</u>
You would multiply 10 and 15 then divide by 2
Answer:
a=1
Step-by-step explanation:
Multiply all terms by a and cancel:
6+−6a=3+−3a
−6a+6=−3a+3(Simplify both sides of the equation)
−6a+6+3a=−3a+3+3a(Add 3a to both sides)
−3a+6=3
−3a+6−6=3−6(Subtract 6 from both sides)
−3a=−3
−3a
−3
=
−3
−3
(Divide both sides by -3)
a=1
Answer:
Step-by-step explanation:
The point-slope form of an equation of a line:
<em>m</em><em> - slope</em>
<em>(x₁, y₁)</em><em> - point on a line</em>
<em />
We have
Substitute:
