Answer:
1) future value = present value x [1 + (i x n)] = $300 x [1 + (3.5% x 4)] = $342
2) using the compound interest formula:
future value = $225 x (1 + 4.1%)¹°⁵ = $238.98
Using the simple interest formula doesn't yield the same answer = $225 x [1 + (4.1% x 1.5)] = $238.84. In this case it is close due to a very short period of time and low interest rate.
3) future value = present value x (1 + i)ⁿ = $1,700 x (1 + 6%)⁴ = $2,146.21
since the interest is annual, we must convert 48 months to 4 years
Answer:
the slope is the coefficient of x= ⅕
intercept in x-axis → y=0 → f(x) = 0 → ⅕x -5 = 0 → ⅕x = 5 →x = 25 (25,0)
intercept in y axis : x= 0 → f(x) = ⅕(0) -5 = -5
(0,-5)
Answer:
44.1
Step-by-step explanation:
for more explanation you can comment down
Answer:
da answerr is six
if DF is 6 and all sides are equal in length the EF side is going to be 6 as well