Answer:
a) $20,771.76
b) $20,817.67
c) $20,484.80
d) $20,864.52
Step-by-step explanation:
<u>Compound Interest Formula</u>

where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
<u>Part (a): semiannually</u>
Given:
- P = $15,000
- r = 5.5% = 0.055
- n = 2
- t = 6 years
Substitute the given values into the formula and solve for A:



<u>Part (b): quarterly</u>
Given:
- P = $15,000
- r = 5.5% = 0.055
- n = 4
- t = 6 years
Substitute the given values into the formula and solve for A:



<u>Part (c): monthly</u>
Given:
- P = $15,000
- r = 5.5% = 0.055
- n = 12
- t = 6 years
Substitute the given values into the formula and solve for A:



<u>Continuous Compounding Formula</u>

where:
- A = Final amount
- P = Principal amount
- e = Euler's number (constant)
- r = annual interest rate (in decimal form)
- t = time (in years)
<u>Part (d): continuous</u>
Given:
- P = $15,000
- r = 5.5% = 0.055
- t = 6 years
Substitute the given values into the formula and solve for A:


Learn more about compound interest here:
brainly.com/question/27747709
brainly.com/question/28004698
Answer:
-2
Step-by-step explanation:
2x + y = 10 Subtract 2x from both sides.
2x-2x + y = 10 - 2x Combine the left.
y = 10 - 2x
The slope is the number in front of the x -- in this case - 2
The answer is - 2
Answer:
There will be 916 ants alive after 4 months.
Step-by-step explanation:
Step 1
Let's change the percentage to a decimal by dividing by a 100.
6.5% / 100 = .065
Step 2
So, for the first month we will multiply the initial amount of ants by .065 and this will give us the number of ants that die.
1200 * .065 = 78
This means that after the first month, 1200 - 78 = 1122 ants will be alive.
Step 3
Now for the second month: 1122 * .065 = 72.93 (rounded to 73)
1122 - 73 = 1049 ants will be alive
Step 4
For the third month 1049 * .065 = 68.185 (rounded to 68)
1049 - 68 = 981 ants will be alive
Step 5
For the fourth month 981 * .065 = 63.765 (rounded to 64)
981 - 64 = 916 ants will be alive
Hope this helps!
Answer:
C maybe.........
Step-by-step explanation:
Y = mx + b
slope(m) = -6
(-2,-3)...x = -2 and y = -3
now we sub....we r looking for b, the y int
-3 = -6(-2) + b
-3 = 12 + b
-3-12 = b
-15 = b
so ur equation is : y = -6x - 15