All you have to do is find the relationships between the top and bottom and then find how they all r in common
<span>A = P (1 + r/n)^<span>nt
A = </span></span><span>1,349.34(1+0.1366/12)^12
A = 1545.65
answer: </span>he will owe $1545.65 after one year
For me personally i can work nearly any equation with a calculator. definitely a good choice <span />
We can use point slope form to solve for this.
y - 1 = -2(x - 2)
Simplify.
y - 1 = -2x + 4
Add 1 to both sides.
y = -2x + 5
Now, we can input -3 for x and solve for y, or r in this case.
y = -2(-3) + 5
y = 6 + 5
y = 11
r = 11