Step-by-step explanation:
step 1. let's call the amount of money A, the initial amount P, the yearly rate r, the number of compounds per year n.
step 2. A = P(1 + r/n)^(nt)
step 3. A = 1600(1 + .03/12)^((12)(5)
step 4. A = 1600(1.0025)^(60)
step 5. A = $1858.59
Answer:
Step-by-step explanation:
The graph passes through (3, -1) and (0, -4)
<u>The slope is:</u>
- (-4 - (-1))/-3 = -3/-3 = 1
<u>The y-intercept is given</u>: -4
<u>The line is:</u>
See the graph
<u>The points plotted as well and those on the line are:</u>
Answer: 
Step-by-step explanation:
You need to set up two cases (Positive case and negative case) and solve for "x".
- POSITIVE CASE IF: 

- NEGATIVE CASE IF: 

Therefore, the solution is:

The answer is 188 altogether