Answer:
-1/2
Step-by-step explanation:
Answer:
The balance after 37 years is $3869.99
Step-by-step explanation:
<u>Given:</u>
- Principal (P) = $2,520
- Rate of Interest (R) = 1.16%
- Time (t) = 37 years
- Compounds Interest Monthly (n) = 12
The Amount (A),
A = P (1 + <em> if compound n times per year</em>
Amount (A) at 37 years,
A = ($2,520) (1 +
A = ($2,520) (1 +
A = ($2,520) (1.00096667
A = ($2,520) (1.5357)
A = $3869.9944
Learn more about Compounds Interest here: brainly.com/question/12325365
Answer:
they never intersect
Step-by-step explanation:
parallel lines are basically two lines that are always the same distance apart and traveling in the same direction at each other.