They can buy 19 pairs of skates, the $38 that remained is for the skating club.
The equation for this is:
F = P(1+i)ⁿ
where
F is the present accounts balance
P is the initial deposit
i is the interest rate
n is the number of months
The interest rate is nominal which is 2.9% per year compounded monthly. Since there are 12 months in a year, that is equal to an effective interest rate of 0.24167% per month compounded monthly (i = 0.0024167). In 9 years, there are a total of 108 months, so n=108.
<span>$2033.88 = P(1+0.0024167)</span>¹⁰⁸
P = $1567.147
<h2>
Explanation:</h2>
Hello! Remember you have to write complete questions in order to get good and exact answers. Here I'll assume the graphed function comes from:

So this is the equation of a parabola that opens upward and whose vertex lies on the point:

The graph of this function is shown below. Which is true regarding the graphed function f(x)?
- It is true that the domain is the set of all real numbers because this is a polynomial function.
- It is true that the range is the set of all real numbers such that y ≥ 5
- It is true that this parabola opens upward
- It is true that it doesn't cut the x-axis
Answer: R = 4.93
Step-by-step explanation:
19.72/4 = 4.93
Sheit I can’t even tell u dat