The formula for calculating compound interest with yearly contributions is:
Balance = X*(1 + Y)^n + Z((1 + Y)^(n + 1) - (1 + Y)/Y)
where the balance is the money earned after n years invested
Y is the interest rate as a fraction
Z is the yearly contribution
X is the starting investment
Therefore the calculation for this example is:
Balance = 1200*(1 + 0.05)^48 + 1200((1.05)^49 - (1.05)/05)
= $249,393.5
Answer:
The area (A) of a triangle varies jointly as its ba
se (b) and height (h). If its base is 8 inches and i
ts height is 7 inches, it has an area of 28 square
inches. Find the base if its height is 5 inches an
5
d its area is 16 square inches.
Formulate the equation of variation.
Step-by-step explanation:

Y is the total price. X is the number of months. 30 is a flat, one time payment.
The equation for the perimeter of a rectangle:
P = 2L + 2W
We’re given P and L and asked to find W:
15x + 17y = 2(7/2x + 7y) + 2W
15x + 17y = 7x + 14y + 2W
2W = 8x + 3y
W = 4x + 3/2y
Answer is A.
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