Given:
a.) A company will need 1.8 million 5 years from now to replace some equipment.
b.) The account pays 5.25 percent interest, compounded annually.
We will be applying the Compounded Interest Formula:
Where,
A=final amount
P=initial principal balance/money to initially deposit
r=interest rate (decimal)
n=number of times interest applied per time period
t=number of time periods elapsed (in years)
In this scenario, we are asked what is the amount of principal balance/initial deposit to make to get 1.8 million in 5 years.
Annually = n = 1
We get,
Therefore, the answer is 1,393,676.52
Answer:
odd degree and positive leading coefficient
Step-by-step explanation:
From the graph , we can see that when x goes to infinity , y goes to infinity
As x--> ∞, y--> ∞ (As x increases the value of y increases on the positive side)
we can see that when x goes to -infinity , y goes to -infinity
As x--> -∞, y--> -∞ (As x decreases the value of y decreases on the negative side)
When x--> ∞, y--> ∞ and x--> -∞, y--> -∞
The leading coefficient is positive and largest exponent is odd
So the graph has odd degree and positive leading coefficient
Step by step subtract 20 from both sides and then subtract 20 from 9 to get -11
Answer: C=-11
Answer: 19
Step-by-step explanation:
