Step-by-step explanation:
step 1. let's call the balance A, the initial amount P, the yearly rate r, the number of compounds yearly n, and the time t.
step 2. A = P(1 + r/n)^(nt) (compounding equation)
step 3. A = 8500(1 + .0178/12)^((12)(10))
step 4. A = 8500(1.00148334)^120
step 5. A = $10,154.68.
Answer: Choice D
This basically says "the nth term is found by computing math, aka evaluating some function, based on the (n-1)th term".
As an example, we could have a function that simply squares the input
Let's say we started at 5. It squares to 25 which in turns squares to 625, and so on. Each new term is based on the old term. Namely, we squared the old n-1 term to get the new nth term.
Answer: Sal used a debit card and paid a total of $324.80 for the stereo. (I took the test too)
Step-by-step explanation: Multiply $21.30 by 18 months. Then subtract the interest, $58.60, from the product because Sal paid immediately with a card which implies using a debit card. You get $324.80.
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Answer:
(x-5) & (x+1)
Step-by-step explanation:
