The formula for compound interest is:
A=P(1+r/n)^(nt)
Where A represents the amount of money in the account after t years, P is the principal (investment), n is the number of compoundings per year, and r is the interest rate in decimal form.
P=11,100
r=.031
n=12 (monthly)
t=19
A=11,100(1+.031/12)^(12*19)
A=11,100(1+. 002583)^(228)
A=11,100(1.002583)^(228)
A=11,100(1.80082)
A=$19,989.10
1. slope of the given line = 1/5
the equation is
(y-2)/(x-(-2))=1/5
x+2=5y-10
x-5y+12=0
2. slope of the given line = -1/6
the equation is
(y-9)/x=6
y-9=6x
y=6x+9
Answer:
from my point of view the solution should be 36
Answer:
All students in each grade
Step-by-step explanation:
