The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
3(3b+2)=-30 perform indicated multiplication on left side...
9b+6=-30 subtract 6 from both sides
9b=-36 divide both sides by 9
b=-4
Answer:
Distance formula is below
Step-by-step explanation:
Answer:
Ani age is 21
Biju age is 18
Step-by-step explanation:
let Ani age be X
let Biju age be Y
the difference of their age is 3
i.e X - Y = 3......,....(equ. 1)
let Dharam age be A
let Cathy age be B
i.e A = 2x
B = y/2
the difference of their age is 30
Y/2 - 2x = 30..... (equ. 2)
from equ.1 X = ( 3+y).........( equ.3)
y/2 - 2(3+y) = 30
y/2 - 6 + 2y = 30
multiply both side by 2
y - 6 + 2y = 60
y + 2y = 60 - 6
3y = 54
Y = 18
from equ.3
X = 3+Y where y is 18
X = 3+18 = 21
Answer:
A
Step-by-step explanation:
<em>it passes the vertical line test.<3</em>