$2.50 per square foot. how much is that per square yard?
2 answers:
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Answer:
A = $3,926.71
Step-by-step explanation:
Given: Principal (P) = $3200, Annual Rate (R) = 4.1%, Time = 5 years
To find: How much money would he have in the account after 5 years, if he made no deposits or withdrawals during that time?
Formula:
Solution: Compound interest is one of the most important concepts to understand when managing your finances. It can help you earn a higher return on your savings and investments, but it can also work against you when you're paying interest on a loan
First, convert R as a percent to r as a decimal
r = R/100
r = 4.1/100
r = 0.041 rate per year,
Then solve the equation for A
A = P(1 + r/n)
A = 3,200.00(1 + 0.041/12)
A = 3,200.00(1 + 0.003416667)
A = $3,926.71
Hence, Jay would have $3,926.71 after 5 years is if he made no deposits or withdrawals during that time.
Step-by-step explanation:
Given the table:
Month f(x) = Number of imports g(x) = Number of exports
January (1) 3 1
February (2) 4 3
March (3) 5 5
April (4) 6 7
From the table, it is clear that:
Number of imports = number of month + 2
so
also
Number of exports = 2(number of month) + 1
so
Therefore, number of imports equals the number of month plus one. i.e. , which is a linear function.
If we compare it with slope-intercept form of the line
Then,
slope = m = 1
y-intercept = 2
Also number of exports equals is also a linear function.
i.e.
Here,
slope = m = 2
y-intercept = -1