For this case we have the following equation:
P (t) = P (1 + r / n) ^ (n * t)
Where,
P: initial investment
r: interest
n: periods
t: time
she will take on her 45th birthday:
for t = 25:
P (25) = 1000 * (1 + 0.0165 / 4) ^ (4 * 25)
P (25) = 1509.31 $
Answer:
The future value of this investment when she takes her trip is:
P (25) = 1509.31 $
Answer:
Step-by-step explanation:
Ac²= AB²+ BC²
Ac²= 4²+15²= 16+225
Square both side
Ac = √241= 15.52cm
Answer:
.20 per minute.If you dives 1 mile by 5 min u will get .20
.625 or if you want it in a fraction it is 625/1000
Answer:
(3, 1)
Step-by-step explanation:
(a) Algebraic solution
(1) y = -⅔x + 3
(2) y = 2x - 5
Set Equation (1) equal to Equation (2)
-⅔x + 3 = 2x - 5
Multiply each side by 3
-2x + 9 = 6x - 15
Add 15 to each side
-2x + 24 = 6x
Add 2x to each side
24 = 8x
Divide each side by 3
(3) x = 3
Substitute (3) into (2)
y = 2×3 - 5 = 6 - 5 = 1
The ordered pair that makes both equations true is (3, 1).
(b) Graphical solution
In the diagram below, the red line is the graph of Equation (1). The blue line is the graph of Equation (2). The point of intersection is at (3, 1).