Answer:
20.4 years (nearest tenth)
Step-by-step explanation:
<u>Compound Interest Formula</u>
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
Given:
- A = $15,000
- P = $6,000
- r = 4.5% = 0.045
- n = 12 (monthly)
Substitute the given values into the formula and solve for t:
Therefore, it would take 20.4 years (nearest tenth) for the investment to reach $15,000.
Step-by-step explanation:
there is no mathematical problem to solve.
just follow the instructions as given.
this is an exercise for you to get a feeling about what is what. it is imperative that you do it.
there is really nothing to solve.
remember, that a positive slope means the line goes up (from left to right), and a negative slope means the line goes down (again from left to right).
and I am sure you know what vertical and horizontal means.
Answer:
The average rate of change of <em>g</em> from <em>x</em> = <em>a</em> to<em> x</em> = <em>a</em> + <em>h</em> is -3.
Step-by-step explanation:
We are given the function:
And we want to determine its average rate of change of the function for <em>x</em> = <em>a</em> and <em>x</em> = <em>a</em> + <em>h</em>.
To determine the average rate of change, we find the slope of the function between the two points. In other words:
Simplify:
In conclusion, the average rate of change of <em>g</em> from <em>x</em> = <em>a</em> to <em>x</em> = <em>a</em> + <em>h</em> is -3.
This is the expected result, as function <em>g</em> is linear, so its rate of change would be constant.
Answer:
The answer is c
Step-by-step explanation:
Answer:
4,330
Step-by-step explanation:
Multiply 21.35 times 200 and you get 4,270, then multiply 200 times 43 and you will get 8,600. then subtract and you will get 4,330