Answer:
$57,369
Step-by-step explanation:
We have been given that an amount of $53,000 is placed in an investment account that grows at a fixed rate of 2% (compound growth) per year. We are asked to find the amount in the account after 4 years.
To solve our given problem we will use compound interest formula.\
, where,
A = Final amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Let us convert our given rate in decimal form.
Upon substituting our given values in compound interest formula we will get,
Therefore, an amount of $57,369 will be in the account after 4 years.
Answer:
20%
Step-by-step explanation:
P(S) = (0.03×0.8) + (0.97×0.1)
0.121
P(E/S) = P(E&S)/P(S)
= (0.03×0.8)/0.121
= 24/121
0.1983471074 × 100
= 19.83471074%
Step-by-step explanation:
HOPE ITS HELP
Either a or b. Depends on what X equals.
For example, question a.-
X+3, it has to be at least 1.
Answer b-
3X, has to be a little over 2. So I guess the most correct answer has to be A.
Step-by-step explanation:
The vertex form of the equation for a parabola is given by
where (h, k) are the coordinates of the parabola's vertex. Since the vertex is at (1, -6), we can write the equation as
Also, since the parabola passes through (4, -7), we can use this to find the value for a:
or
Therefore, the equation of the parabola is
