Answer: $107,836.69 or about $107,837 (to the nearest dollar)
Step-by-step explanation:
Formula to the accumulated amount received after investing principal amount (P) at rate of interest (r) compounded monthly for t months :
As per given , A = $130,000
r= 7.5% = 0.075
t= 30 months
Now,
Hence he need to invest $107,836.69 .
Answer:
B) m = 2 , b = -3
Step-by-step explanation:
b = y-intercept
The y-intercept is -3
b = -3
m = slope
The slope is 2
m = 2
Answer:
Step-by-step explanation:
<u>Given points:</u>
- A(-1, -9) and M(0.5, -2.5)
Let the coordinates of B are (x, y)
<u>Use midpoint formula to determine the point B:</u>
- 0.5 = (- 1 + x)/2 ⇒ 1 = -1 + x ⇒ x = 1 + 1 = 2
- -2.5 = (-9 + y)/2 ⇒ -5 = -9 + y ⇒ y = -5 + 9 = 4
The answer is a.
I hope this helped
Answer:
6 * p ≤ 30
p ≤ 5
The maximum number of pies she can buy is 5
Step-by-step explanation:
Let p equal the number of pies she will buy
Each pie costs 6 dollars. She will spend 6 * p
The cost must be less than or equal to 30 dollars
6 * p ≤ 30
To solve divide each side by 6
6 * p/6 ≤ 30/6
p ≤ 5
