Answer: 7
Step-by-step explanation:
f(4) = 2(4) - 1 = 8 - 1 =7
Answer:
Difference= $3,090.15 in favor of compounded interest
Step-by-step explanation:
Giving the following information:
Present value (PV)= $8,500
Ineterest (i)= 0.025/12= 0.00208
Number of periods (n)= 360 months
<u>We will calculate the future value of each option and determine the difference:</u>
<u>Simple interest:</u>
FV= (PV*i*n) + PV
FV= (8,500*0.00208*360) + 8,500
FV= $14,864.8
<u>Compounded interest:</u>
FV= PV*(1+i)^n
FV= 8,500*(1.00208^360)
FV= $17,958.95
Difference= $3,090.15
Simplifying
7x + 2y = 16
Solving
7x + 2y = 16
Solving for variable 'x'.
Move all terms containing x to the left, all other terms to the right.
Add '-2y' to each side of the equation.
7x + 2y + -2y = 16 + -2y
Combine like terms: 2y + -2y = 0
7x + 0 = 16 + -2y
7x = 16 + -2y
Divide each side by '7'.
x = 2.285714286 + -0.2857142857y
Simplifying
x = 2.285714286 + -0.2857142857y
B. I'm terrible at explaining but I'm sure that's right.
Answer:
0
Step-by-step explanation: