The answer is 0.190819081908 repeating forever
Answer:
-9
Step-by-step explanation:
Answer:
$12,137.39
Step-by-step explanation:
Use the Compound Amount formula:
A = P (1 + r/n)^(nt), where r is the interest rate as a decimal fraction, n is the number of times the interest is compounded each year, and t is the number of years.
Here, A = $9000(1 + 0.075/12)^(12*4), or
= $9000(1.3486) = $12,137.39
Start by seeing where the lines go. They cross (intersect) at (1, -1). We can use this to check later.
Now for slope: green is -4/2 = -2
pink is 4/2 = 2
Now we can create the equations
Let's make green = g(x) and pink = p(x)
if we use y = mx + b, then the green has a y-intercept (b) of +1
So g(x) = -2x + 1
pink has a y-intercept of -3, so p(x) = 2x - 3
Now let's plug n play: put our solutions x into each equation and confirm that it makes the y = -1
g(x) = -2x + 1 = -2(1) + 1 = -2+1 = -1
p(x) = 2x - 3 = 2(1) - 3 = 2-3 = -1
✔ YES THEY ARE CONFIRMED
Answer:
15% per year
7.5% half year
5000 * 7.5% = $375 every 6 months.
Step-by-step explanation: