Answer:
A function is a type of <em><u>vertical line </u></em><em><u>test.</u></em>
Answer:
I can't see the question
Step-by-step explanation:
Answer:
$6,506.51
Step-by-step explanation:
Recall that increasing an amount C in x% is equivalent to multiply it by (1+x/100)
As we have 4% APR, the monthly interest would be (4/12)% = 0.04/12
<u>Month 0</u> (first payment)
$250
Month 1
![250 + 250 \frac{0.04}{12}= 250(\frac{12.04}{12})](https://tex.z-dn.net/?f=250%20%2B%20250%20%5Cfrac%7B0.04%7D%7B12%7D%3D%20250%28%5Cfrac%7B12.04%7D%7B12%7D%29)
<u>Month 2</u>
![250(1+\frac{12.04}{12}+(\frac{12.04}{12})^2)](https://tex.z-dn.net/?f=250%281%2B%5Cfrac%7B12.04%7D%7B12%7D%2B%28%5Cfrac%7B12.04%7D%7B12%7D%29%5E2%29)
<u>Month 3</u>
![250(1+\frac{12.04}{12}+(\frac{12.04}{12})^2+(\frac{12.04}{12})^3)](https://tex.z-dn.net/?f=250%281%2B%5Cfrac%7B12.04%7D%7B12%7D%2B%28%5Cfrac%7B12.04%7D%7B12%7D%29%5E2%2B%28%5Cfrac%7B12.04%7D%7B12%7D%29%5E3%29)
<u>Month 24 (2 years)</u>
![250(1+\frac{12.04}{12}+(\frac{12.04}{12})^2+(\frac{12.04}{12})^3+...+(\frac{12.04}{12})^{24})](https://tex.z-dn.net/?f=250%281%2B%5Cfrac%7B12.04%7D%7B12%7D%2B%28%5Cfrac%7B12.04%7D%7B12%7D%29%5E2%2B%28%5Cfrac%7B12.04%7D%7B12%7D%29%5E3%2B...%2B%28%5Cfrac%7B12.04%7D%7B12%7D%29%5E%7B24%7D%29)
The sum
![1+\frac{12.04}{12}+(\frac{12.04}{12})^2+(\frac{12.04}{12})^3+...+(\frac{12.04}{12})^{24}](https://tex.z-dn.net/?f=1%2B%5Cfrac%7B12.04%7D%7B12%7D%2B%28%5Cfrac%7B12.04%7D%7B12%7D%29%5E2%2B%28%5Cfrac%7B12.04%7D%7B12%7D%29%5E3%2B...%2B%28%5Cfrac%7B12.04%7D%7B12%7D%29%5E%7B24%7D)
is the sum of the first 24 terms of a geometric sequence with common ratio
which is
![\frac{1-(12.04/12)^{25}}{1-(12.04/12)}=26.02603071](https://tex.z-dn.net/?f=%5Cfrac%7B1-%2812.04%2F12%29%5E%7B25%7D%7D%7B1-%2812.04%2F12%29%7D%3D26.02603071)
so, after 2 years the saving balance is
250*26.02603071 = 6,506.50767= $6,506.51 rounded to the nearest cent.
Answer:
the answer is x=2 and y=2
Step-by-step explanation:
-3y=16+5x
-y=(16+5x)3
Answer:
to the tenths place, 32.86
Step-by-step explanation: It is because money is always rounded to the tenths place