Step-by-step explanation:
i = interest 3% for 30 years
This is a simple dynamical system for whom the the solutions are given as
](https://tex.z-dn.net/?f=S%3DR%5B%5Cfrac%7B%28i%2B1%29%5En-1%7D%7Bi%7D%5D%28i%2B1%29)
putting values we get
S=2000[\frac{(1.03)^{30}-1}{0.03}](1.03)
= $98005.35
withdrawal of money takes place from one year after last payment
To determine the result we use the present value formula of an annuity date
we need to calculate R so putting the values and solving for R we get
R= $6542.2356
Your answer should be 12.57
Answer:
r = 2
Step-by-step explanation:
2(8r + 5) = 24 + 9r
16r + 10 = 24 + 9r
16r - 9r = 24 - 10
7r = 14
r = 2
Answer:
it's 60
Step-by-step explanation: please brainliest?
Answer:
To find the slope of two given points, you can use the point-slope formula of (y2 - y1) / (x2 - x1). With the points plugged in, the formula looks like (3 - 2) / (4 - 1). Simplify the formula to get a slope of ⅓.
Step-by-step explanation:
HOPE THIS HELPED ✨
