Answer:
The bottom right (v shaped one) is a function
Step-by-step explanation:
Hope this helps:)
Answer:
A
Step-by-step explanation:
A real interest rate is an interest rate that has been adjusted to remove the effects of inflation to reflect the real cost of funds to the borrower and the real yield to the lender or to an investor. A nominal interest rate refers to the interest rate before taking inflation into account.
Your solution to your question would be 7a - 1967
To solve this we are going to use the future value of annuity ordinary formula:
![FV=P[ \frac{(1+ \frac{r}{n} )^{kt} -1}{ \frac{r}{n} } ]](https://tex.z-dn.net/?f=FV%3DP%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%5E%7Bkt%7D%20-1%7D%7B%20%5Cfrac%7Br%7D%7Bn%7D%20%7D%20%5D)
where

is the future value

is the periodic payment

is the interest rate in decimal form

is the number of times the interest is compounded per year

is the number of payments per year

is the number of years
We know for our problem that

and

. To convert the interest rate to decimal form, we are going to divide the rate by 100%:

Since the deposit is made semiannually, it is made 2 times per year, so

.
Since the type of the annuity is ordinary, payments are made at the end of each period, and we know that we have 2 periods, so

.
Lets replace the values in our formula:
![FV=P[ \frac{(1+ \frac{r}{n} )^{kt} -1}{ \frac{r}{n} } ]](https://tex.z-dn.net/?f=FV%3DP%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%5E%7Bkt%7D%20-1%7D%7B%20%5Cfrac%7Br%7D%7Bn%7D%20%7D%20%5D)
![FV=6200[ \frac{(1+ \frac{0.06}{2} )^{(2)(5)} -1}{ \frac{0.06}{2} } ]](https://tex.z-dn.net/?f=FV%3D6200%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7B0.06%7D%7B2%7D%20%29%5E%7B%282%29%285%29%7D%20-1%7D%7B%20%5Cfrac%7B0.06%7D%7B2%7D%20%7D%20%5D)
We can conclude that the correct answer is <span>
$71,076.06</span>
AnswerThe product of 24 and 5/6 is 20.
Step-by-step explanation:
So first multiple 24 and 5.You get 120.Then you divide 120 by 6.You get 20.