Answer:
Approximately 2.83
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

<u>Month 2</u>

<u>Month 3</u>

<u>Month 24 (2 years)</u>

The sum

is the sum of the first 24 terms of a geometric sequence with common ratio
which is

so, after 2 years the saving balance is
250*26.02603071 = 6,506.50767= $6,506.51 rounded to the nearest cent.
Answer:

Step-by-step explanation:
we know that
The tangency point on the x-axis is (r,0)
The tangency point on the y-axis is (0,r)
Find the slope of the line containing the points of tangency

Remember that the equation of the line into slope intercept form is equal to

where
m is the slope
b is the y-coordinate of the y-intercept
In this problem we have


substitute

Answer: y= 1x + 1
Step-by-step explanation:
there both 1
Answer:
[12, 15]
Step-by-step explanation:
{6x + 5y = 147
{8x + 4y = 156
-¾[8x + 4y = 156]
{6x + 5y = 147
{-6x - 3y = -117 ← New Equation
________________
2y = 30
___ ___
2 2
y = 15 [Plug this back into both equations to get the x-coordinate of 12]; 12 = x
So, using the Elimination Method, what I did here was took the bottom equation and multiplied it by -¾, turning 8x to -6x, canceling out all <em>x-terms</em><em>.</em><em> </em>It does not matter which variable you choose to eliminate, as long as you know what you are doing.
I am joyous to assist you anytime.