Answer:
1. Sixteen thousandths 2.Twenty-four Ten-thousandths 3.Eighty-four Ten-thousandths 4. Twenty-six And Thirty-seven Ten-thousandths 5.Nine And Three hundred Sixty-eight Thousandths
Answer:
What is the Picture?
Step-by-step explanation:
Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Monthly deposit= $100
Interest rate= 0.06/12= 0.005
Number of periods= 12*5= 60 months
<u>a)</u>
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.005^60) - 1]} / 0.005
FV= $6,977
b) <u>If the deposit is at the beginning of the month, the interest is compounded one more period</u>. We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= 6,977 + {[100*(1.005^60)] - 100}
FV= 6,977 + 35
FV= $7,012
Answer:
A.
Step-by-step explanation:
This equation has no solution.
Answer:
Step-by-step explanation:
We can write the equation of a line in 3 different forms including slope intercept, point-slope, and standard depending on the information we have. We have a point given and a slope from the equation. We will chose point-slope since we have a point and the slope.
We will substitute 
and 
.
This is the equation of the line with slope -2 that passes through (5,-1).
