Slope for the function is -1/3.5.
Answer:
2/5 of 3 = 2/5 * 3 = 6/5....what he plants
(6/5) / 5 = 6/5 * 1/5 = 6/25 <== what each friend got
Step-by-step explanation:
2000, you just need to put three zeros at the end of the number.
-v6,-23,2,2.5
Correct to ascending order
Answer: he should invest $16129 today.
Step-by-step explanation:
Let $P represent the initial amount that should be invested today. It means that principal,
P = $P
It would be compounded annually. This means that it would be compounded once in a year. So
n = 1
The rate at which the principal would be compounded is 7.6%. So
r = 7.6/100 = 0.076
The duration of the investment would be 6 years. So
t = 6
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years.
A = 25000
Therefore
25000 = P(1+0.076/1)^1×6
25000 = P(1.076)^6
25000 = 1.55P
P = 25000/1.55
P = $16129
