Answer:
He deposited initially $852.82
Step-by-step explanation:
The rule of the compound interest is
, where
- n is the period of the time
∵ Wyatt opened a savings account 4 years ago
∴ t = 4
∵ The account earns 4% interest compounded quarterly
∴ r = 4% = 4 ÷ 100 = 0.04
∴ n = 4 ⇒ compounded quarterly
∵ The current balance is $1,000.00
∴ A = 1,000
→ Substitute these values in the rule above to find P
∵ 1,000 = 
∴ 1,000 = 
∴ 1,000 = 
→ Divide both sides by 
∴ 852.8212622 = P
→ Round it to the nearest cent (2d.p)
∴ P = 852.82
∴ He deposited initially $852.82
Answer:
Step-by-step explanation:
14% increase
Answer:
Step-by-step explanation:
Keep in mind that 1 week is equivalent to 168 hours, or, alternatively, to (7 days)(24 hours per day). Thus, Answer 5 is correct.
Answer:
The value of g(-2) and g(4) cannot be compared because they are two different functions with two completely different values.
Step-by-step explanation:
So, you plug in -2 in the function of the x in g(x) = 8x - 2
Then, you multiply 8 by -2 in g(-2) = 8x - 2
8 × -2 would be -16
Afterwards you subtract -16 by 2 in g(-2) = -16 - 2
The function of g(-2) is -14 in g (x) = -14
You plug in 4 in the function of x in g(4) = 8x - 2
g(4) = 8 (4) - 2
Then, You multiply 8 by 4 which will give you 32 in
g(4) = 32 - 2
Lastly, you subtract the 32 by 2 and the function of the answer would be 30 in g(x) = 30