Answer:
Annual: $302 737.50
Continuous: $332 507.52
Step-by-step explanation:
A. Compounded annually
The formula for <em>compound interest</em> is
A = P(1 + r)ⁿ
Data:
P = $45 000
r = 10 %
t = 20 yr
Calculations:
n = 20
A = 45 000(1+ 0.10)²⁰
= 45 000 × 1.10²⁰
= 45 000 × 6.727 499 95
= $302 737.50
B. Compounded continuously
The formula for <em>continuously compounded inerest</em> is
= 45 000 × 7.389 056 61
= $332 507.52
Answer:
The inequality is
88<x<93
Step-by-step explanation:
The average of Shondra's test scores in physics is between 88 and 93.
Let me give out the meaning of some inequality symbols
<= Less than or equal to
>= Greater than or equal to
< Less than
> Greater than
Let the average score be x
In this case , the average score is between 88 and 93
The inequality is
88<x<93
6.9 as a fraction or mixed number
6.9 = 6 9/10
This is also the same as 69/10
Answer:
b(4) = -8
Step-by-step explanation:
We are to find the 4th term.
n = 4
b(n) = 1(-2)ⁿ⁻¹
b(4) = 1(-2)⁴⁻¹
b(4) = 1(-2)³
b(4) = 1(-8)
b(4) = -8
