Answer:
the interest earned= 93.401
and the future value of an annuity= 493.401
Step-by-step explanation:
Given Data:
Interest rate= 7%
time,t = 3 years
weekly payment, P= 400
At the end of 3 years, final investment A= ?
n= 52 as it is weekly
As per the interest formula
A= P(1+r/n)^nt
Putting value in above equation
= ![400\left(1+\frac{0.07}{52}\right)^{156}](https://tex.z-dn.net/?f=400%5Cleft%281%2B%5Cfrac%7B0.07%7D%7B52%7D%5Cright%29%5E%7B156%7D)
= 493.401
Interest earned = A-P
= 493.401-400
= 93.401 !
Answer:
Initial Value=15
Rate of change=15/10=1.5
Equation: y=1.5x+15
Step-by-step explanation:
y=ax+b
y=1.5x+b
15=1.5(0)+b
b=15
Answer: 3:1
Step-by-step explanation:
Answer: I think there is a mistake for the first one because I did the math and I got 200 added but then there are more answers to this one, I added all the others by 200 and got the next number but then when I got to 6,300 I can't get the 6,700. I get something else, I add 6,000 with 200, and then I get 6,200 instead of getting 6,300. Then I added that 6,200 and 200 and got 6,400. I am confused with the second one, can you please help me understand that one. The third one is also confusing, The one is 12 nuggets eaten per minute. The fifth I am not sure if that is a solvable question, The sixth one I am not sure but I think that it is 0.066667. The seventh one doesn't even make any sense to me.
Explanation: I am sorry this was so long, I was trying to make sense of these questions. Also if this is ALL wrong sorry for even trying.