Answer:
Can you tell me the concept?
Step-by-step explanation:
Answer:
11/13
Step-by-step explanation:
3/13, 5/13, 7/13, 9/13, <u>11/13</u>
3/13
3/13 + 2/13 = 5/13
5/13 + 2/13 = 7/13
7/13 + 2/13 = 9/13
9/13 + 2/13 = 11/13
To calculate amount accrued after a given period of time we use the compound interest formula: A= P(1+r/100)∧n where A i the amount, P is the principal amount, r is the rate of interest and n is the interest period.
In the first part; A= $ 675.54, r= 1.25% (compounded semi-annually) and n =22 ( 11 years ), hence, 675.54 = P( 1.0125)∧22
= 675.54= 1.314P
P= $ 514.109 , therefore the principal amount was $ 514 (to nearest dollar)
Part 2
principal amount (p)= $ 541, rate (r) = 1.2 % (compounded twice a year thus rate for one half will be 2.4/2) and the interest period (n)= 34 (17 years×2)
Amount= 541 (1.012)∧34
= 541 ×1.5
= $ 811.5
Therefore, the account balance after $ 811.5.
Answer:
The slope is m = -1
Step-by-step explanation:
Use the slope formula:
m=y2-y1/x2-x1
= -0-(-2)/-2-0
= 2/-2
= -1
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<em>Hope this helps!!!</em>
I would think this is many solutions, the reason is because, there is no specific answer (y) so, x could be anything because it would have to equal to y, which could also be anything! I hope im right! Sorry if im wrong!
