Given:
principal = 7,000
interest rate = 5% compounded annually
term = 3 years
A = P (1 + r/n)^nt
A = future amount to be received by First Consumer Bank
P = loan principal
r = rate
n = number of times compounded in a year
t = term
A = 7,000 ( 1 + 5%/1)^1x3
A = 7,000 (1.05)³
A = 7,000 (1.157625)
A = 8,103.375
First Consumer Bank will receive 8,103.375 from Jane after lending 7,000 for 3 years compounded annually at 5%.
Answer:
3 1/2 miles
Step-by-step explanation:
because 6 - 2 1/2 = 3 1/2
F(3)= 16. Essentially, you need to substitute 3 for x, which would look like this: 3(3) + 7. Then, by using PEMDAS/the order of operations, multiply 3 by 3 to get 9, and then add 7 to get 16.
Answer:
no
Step-by-step explanation:
it does not work r÷eeeeeeeeeeeeeeee eeeeeeeeeeeeeeee eeeeeeeeeeeeeeee
Answer:
Step-by-step explanation:
1. Y-axis (the vertical one) is money
2.X-axis (the horizontal one) is days
What else do u need?