Step-by-step explanation:
i = interest 3% for 30 years
This is a simple dynamical system for whom the the solutions are given as
![S=R[\frac{(i+1)^n-1}{i}](i+1)](https://tex.z-dn.net/?f=S%3DR%5B%5Cfrac%7B%28i%2B1%29%5En-1%7D%7Bi%7D%5D%28i%2B1%29)
putting values we get
S=2000[\frac{(1.03)^{30}-1}{0.03}](1.03)
= $98005.35
withdrawal of money takes place from one year after last payment
To determine the result we use the present value formula of an annuity date
![P = R\frac{1-(1+i)^{-n}}{i}{i+1}](https://tex.z-dn.net/?f=P%20%3D%20R%5Cfrac%7B1-%281%2Bi%29%5E%7B-n%7D%7D%7Bi%7D%7Bi%2B1%7D)
we need to calculate R so putting the values and solving for R we get
R= $6542.2356
Answer:
THANK YOU SO MUCH!!!!!!
Step-by-step explanation:
THIS IS REALLY HELPFUL!
I believe the correct answer is C I could be wrong tho
Answer:
y=¼x
Step-by-step explanation:
Parallel lines have the same slope
The slope of the given line is ¼,thus,
y-¼x+7=0
y=¼x-7
Now using the point-slope form y-y1=m(x-x1)
y-1=¼(x-4)
4y-4=x-4
4y=x-4+4
4y=x
y=¼x
The statement is correct because if you were to take a protractor to each corner, it will measure exactly 90°