The balance after ten years is $2,208.04.
When an amount of money is compounded quarterly, it means that the amount deposited and the interest earns interest every quarter. The formula that can be used to determine the balance in 10 years is:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value = $1000
- R = interest rate = 8%/4 = 2%
- m = number of compounding = 4
- N = number of years = 10
$1000 x (1.02)^40 = $2,208.04
To learn more about future value, please check: brainly.com/question/18760477
Answer:
<u>240 members</u>
Step-by-step explanation:
Let y = total and x = no. of months
y = 40x + 120
= 40(3) + 120
= 120 + 120
= <u>240 members</u>
Answer:
Option d is correct.
Step-by-step explanation:
The point of inflection of a function y = f(x) at a pointy c is given by f''(c) = 0.
Now, the given function is
Differentiating with respect to x on both sides we get,
Again, differentiating with respect to x on both sides we get,
So, the condition for point of inflection at point c is
k''(c) = 0 = - sin c + 2 sin c cos c
⇒ sin c(2cos c - 1) = 0
⇒ sin c = 0 or 
⇒ c = 0 or 
Therefore, option d is correct. (Answer)
Answer:
the average height is 12 inches but i would say A to round down
Answer:
Can you explain your question more?
