Given
Present investment, P = 22000
APR, r = 0.0525
compounding time = 10 years
Future amount, A
A. compounded annually
n=10*1=10
i=r=0.0525
A=P(1+i)^n
=22000(1+0.0525)^10
=36698.11
B. compounded quarterly
n=10*4=40
i=r/4=0.0525/4
A=P(1+i)^n
=22000*(1+0.0525/4)^40
=37063.29
Therefore, by compounding quarterly, she will get, at the end of 10 years investment, an additional amount of
37063.29-36698.11
=$365.18
Slope of the line is -3/2
Step-by-step explanation:
- Step 1: Given points are (1, -2) and (3, -5)
- Step 2: Equation for slope, m = (y2 - y1)/(x2 - x1)
⇒ m = (-5 - -2)/(3 - 1) = -3/2
Answer:
x=-2, y=5. (-2, 5).
Step-by-step explanation:
15x-4y=-50
3x-2y=-16
---------------
15x-4y=-50
-5(3x-2y)=-5(-16)
------------------------
15x-4y=-50
-15x+10y=80
-------------------
6y=30
y=30/6
y=5
3x-2(5)=-16
3x-10=-16
3x=-16+10
3x=-6
x=-6/3
x=-2
Answer:
yesyes
Step-by-step explanation:
