Answer:
$1,519
Step-by-step explanation:
Given that :
Balance = principal = $520
Time (t) = 6 years
Annual. Interest rate (r) = 18% = 0.18
Using the compound interest formula:
A = P(1 + r/n)^nt
n = number of times interest is applied per period ; A = final amount
Since interest is compounded monthly, n = 12
A = 520(1 + 0.18/12)^(12 * 6)
A = 520(1 + 0.015)^72
A = 520(1.015)^72
A = 520(2.9211579)
A = 1519.0021
Hence, final amount = $1519
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a title. Hope this helped could I possibly get brainliest?
<h3>
Answer:</h3>
f(x) = -(x -2)² +3
<h3>
Step-by-step explanation:</h3>
We can fill in the vertex (h, k) values immediately in the vertex form ...
... f(x) = a(x -h)² +k
To find the value of a, we solve the equation for a at some point other than the vertex. The given point is (0, -1), so we can use that:
... -1 = a(0 -2)² +3
... -4 = 4a . . . . . . . . . subtract 3, simplify
... -1 = a . . . . . . . . . . . divide by 4
Now, we know the function is ...
... f(x) = -(x -2)² +3