Answer:
B. $5039.58
Step-by-step explanation:
compound interest formula: amount = p(1 + \frac{r}{n})^{nt}
p= principal ($2,300)
r= interest rate as a decimal (4% = 0.04)
n= number of times the principal is compounded per year (annually = onceper year so 1 time per year)
t= time in years (20 years)
new equation: amount = 2300(1+\frac{0.04}{1} )^{1*20}
That equation equals $2,739.58 which you add to the principal.
$2,739.58 + $2,300 = $5039.58
hope this helps :)
Danville,Keflavik,Somerville,Ulsan,,Smithfield
Answer:
x = 3
Step-by-step explanation:
Brainliest Please!
9514 1404 393
Answer:
- vertical change: 1 unit
- horizontal change: 2 units
- rate of change: 0.5
Step-by-step explanation:
The marks on the graph show the vertical change is 1 unit, and the horizontal change is 2 units.
The "rate of change" is the ratio of vertical change to horizontal change:
rate of change = slope = Δy/Δx = 1/2 = 0.5
Expressed as a decimal, the rate of change is 0.5.