Answer:
$1000
Step-by-step explanation:
We can form an equation for Clayton's account: C = 500 + 10x
We can form an equation for Clayton's account: J = 400 +12x
(where x is the number of days)
When the two accounts will contain the same amount, it means: C = J
<=> 500 + 10x = 400 +12x
<=> x =50
After 50 days, there accounts will be balance. Then, we substitue x into any of the 2 equation to find out the amount: 500 + 10(50) = $1000
A=Annual amount=2000
i=annual interest=0.0205
n=number of years=3
Present value
=A((1+i)^n-1)/(i(1+i)^n)
=2000(1.0205^3-1)/(.0205(1.0205^3))
=5762.15
M = (y2 - y1)/(x2-x1)
= 2+5/-3-1
= 7/-4
= -7/4
Answer:
2/3
Step-by-step explanation:
Answer:
6.35
Explanation:
7 divided by 20 is 0.35+6= 6.35
