So 1 and 1/2 divided by 1/8. That’s the same as 3/2 divided by 1/8.
Keep change flip.
3/2 x 8/1
24/2= 12
Answer:
The correct answer should be A not 100% sure
<u>Answer-</u>
<em>The amount will be </em><em>$8944.62</em><em> after 5 years.</em>
<u>Solution-</u>
We know that,
![\text{FV of annuity}=P[\dfrac{(1+r)^n-1}{r}]](https://tex.z-dn.net/?f=%5Ctext%7BFV%20of%20annuity%7D%3DP%5B%5Cdfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%5D)
Where,
P = Payment = $50 monthly
r = rate of interest compounded monthly= 
n = number of period = 5 years = 5×12 = 60 months
Putting the values in the formula,
![\text{FV of annuity}=50[\dfrac{(1+0.0325)^{60}-1}{0.0325}]](https://tex.z-dn.net/?f=%5Ctext%7BFV%20of%20annuity%7D%3D50%5B%5Cdfrac%7B%281%2B0.0325%29%5E%7B60%7D-1%7D%7B0.0325%7D%5D)
![=50[\dfrac{(1.0325)^{60}-1}{0.0325}]](https://tex.z-dn.net/?f=%3D50%5B%5Cdfrac%7B%281.0325%29%5E%7B60%7D-1%7D%7B0.0325%7D%5D)
![=50[\dfrac{6.8140-1}{0.0325}]](https://tex.z-dn.net/?f=%3D50%5B%5Cdfrac%7B6.8140-1%7D%7B0.0325%7D%5D)
![=50[\dfrac{5.8140}{0.0325}]](https://tex.z-dn.net/?f=%3D50%5B%5Cdfrac%7B5.8140%7D%7B0.0325%7D%5D)
Therefore, the amount will be $8944.62 after 5 years.
Answer:
Step-by-step explanation:
m = 5 + 10d
The variable "d" is the independent variable because its value does not depend on another variable. The variable "m" is the dependent variable because its value depends on the value of the variable "d"
Take any 2 points through which the line on graph passes,
(0,-1) =(x₁,y₁)
& (2,-4)=(x₂,y₂)
slope=(y₂-y₁)/(x₂-x₁)
=[-4-(-1)]/(2-0)
=-3/2
