Answer:
equation; P=A(1+r/n)^nt
P=principal amount
A=value of investment
r= interest rate in decimals
n=number of times compounded
t=time in years
P=1000(1+0.16/12)^12(5)= $2213.8 rounded
Step-by-step explanation:
The answer to the question is d
Answer:
invalid conclusion
Step-by-step explanation:
Proportional relationships<span>: A </span>relationship<span> between two equal ratios. Proportions are the comparison of two equal ratios. Therefore, </span>proportionalrelationships<span> are </span>relationships<span> between two equal ratios. For example, oranges are sold in a bag of 5 for $2. The ratio of oranges to their cost is 5:2 or.</span><span>In mathematics, two variables are proportional if a change in one is always accompanied by a change in the other, and if the changes are always related by use of a constant multiplier. The constant is called the coefficient of proportionality or proportionality constant.</span>