The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
Step-by-step explanation:
The given is,
Compounds money quarterly
Double your money in 10 years
Step:1
Formula to calculate future investment with compounded quarterly,
...............................(1)
Where, A - Future amount
P - Initial investment\
r - Rate of interest
n - No. of compounding in a year
t - No. of years
Step:2
Let, P = X
A = 2X ( Double your money )
From given, n - 4 ( for compounding quarterly )
t - 10 years
From equation (1)
Take root root on both side,
r = 6.992 %
Result:
The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.
<em>Greetings from Brasil...</em>
In function F(X) = X², if we replace X with X + 4 we will have exactly function G(X) = (X + 4)²
So, just replace X for X + 4..... This will be responsible for translating 4 units to the left, because:
F(X) = X²
F(X + 4) = (X + 4)²
F(X + 4) ⇔ F(X + k) <em> see below</em>
We know that the translations are established as follows:
→ Horizontal
F(X + k) ⇒ k units to the left
F(X - k) ⇒ k units to the right
<em>see more:</em>
<em>brainly.com/question/17163323</em>
Answer:
Mitchell needs to sell 120 stoves for the options to be equal.
Step-by-step explanation:
Company A gives Mitchell $12000 salary plus $150 commission per stove selling and Company B is offering Mitchell $24000 salary plus $50 commission per stove selling.
So, if Mitchell sells x number of stoves such that both the plans become equal, then we can write
12000 + 150x = 24000 + 50x
⇒ 100x = 12000
⇒ x = 120
Therefore, Mitchell needs to sell 120 stoves for the options to be equal. (Answer)
Number 3.
opens up
vertex (1,2)
idk maybe because it is on the right side. its positive
number 4.
opens up as well
Vertex (-2,0)
no because it is negative and on the left. Idk just a guess for this one