First step: Isolate the term that has x. To do that, subtract 2y from both sides.
Now divide both sides by 3.
Answer:
Step-by-step explanation:
The problem gives us the following function:
g(0) =
This is the value of g when x = 0. So
So the answer to this question is:
Answer:
7.12
Step-by-step explanation:
The formula for the effective annual yield is given as:
i = ( 1 + r/m)^m - 1
Where
i = Effective Annual yield
r = interest rate = 7% = 0.07
m= compounding frequency = semi annually = 2
i = ( 1 + 0.07/2)² - 1
i = (1 + 0.035)² - 1
= 1.035² - 1
= 1.071225 - 1
= 0.071225
Converting to percentage
0.071225 × 100
= 7.1225%
Approximately to 2 decimal places = 7.12
Therefore, the annual effective yield = 7.12
A) V = P + PRT
<span>
V=P(1+RT)
P=A/(1+RT)
P = 6000 / (1 + .08 X 7)
P = 6000 / 1.56
P = $3,846.15</span>
