The answer is 1 because 8.2/8688 = <span>0.00094383057</span>
$376.25 tax added on is $26.25
Answer:
4,218.75
Step-by-step explanation:
Lets say that P is your starting principal (spelled -pal and not -ple, because Your Money is Your Pal), r is the interest rate (expressed as a decimal), and Y is the number of years you invest. Then your future value will be:
P (1 + rY) (Simple Interest)
P (1 + r)Y (Annually Compounded Interest)
Note the two formulas give the same answer for one year. After that, compound interest takes off.
Answer:
-infinity, infinity
Step-by-step explanation:
Domain is x, and in a quadratic equation like this one the x axis goes on forever. So the first answer of -infinity, infinity is correct.