Slope formula y2-y1/ x2-x1 = 3/5
Firstly, solve the effective annual interest (ieff) with the equation,
ieff = (1 + i/m)^m -1
where i is the interest rate and m is the number of times the interest is compounded in a year. In this problem, m is 12
Substituting the values,
ieff = (1 + 0.034/12)^12 - 1 =0.03453
To solve for the future (F) amount of the present investment (P),
F = P x (1 + ieff)^n
where n is number of years.
F = ($742) x (1 + 0.03453)^15
Thus, the answer is $1234.76.
Answer:
53 degrees
Step-by-step explanation:
m<J = m<Q
Answer:
2550
Step-by-step explanation:
Hope this helps
It would be 57 minutes. Also love the Kenma profile picture!!
EXPLANATION: so 4:48 is almost an hr to 5:45. Just subtract 3minutes from an hr and you have your answer!