Solving for the amount of maturity given that it is compounded monthly for 1 year with an interest of 3%, we have the formula and solution below:
A = P (1+r/n)^rn
A = $5,000 (1.040417)
A =$5202.085
For compounded daily, we have the solution below:
A = $5,000 (1.040443)
A = $5202.215
The difference in amount is shown below:
Difference = $5202.215 - $5202.085
Difference = $0.13
Answer:
x = 0.19 or x = -0.76
Step-by-step explanation:
Equation: 7²-4x = 2
reordering the equation,
7x²-4x-2 = 0
Applying,
x = [-b±√(b²-4ac)]/2a..................... Equation 1
From the question,
Given: a = 7, b = -4, c = -2
Substitute these values into equation 1
x = [-4±√(-4²-(2×7×-2)]/(2×7)
x = [-4±√(16+28)]/14
x = (-4±√44)/14
Either
x = (-4+√44)/14
x = (-4+6.63)/14
x = 2.63/14
x = 0.19
or
x = (-4-√44)/14
x = (-4-6.63)/14
x = -10.63/14
x = -0.76
Answer:
12
Step-by-step explanation:
you have to times 2 x 6 to find your x
I'm not for sure tho but I hope it's right
From the table we can see:
Number of songs: Cost:
0 $ 0
1 $1.25
2 $2.50
3 $3.75
4 $5.00
Therefore the rate of change is: (2.50 - 1.25) / ( 2 - 1 ) = $1.25
Answer:
It means that : C. The cost increases $1.25 for each additional song that is downloaded.