Answer:
$0.95 more.
Step-by-step explanation:
The principal of $500, when invested at APR of 3% for 5 years compounded annually will become
dollars.
Again, the principal of $500, when invested at APR of 3% for 5 years compounded quarterly will become
dollars.
Therefore, Steven will have $(580.59 - 579.64) = $0.95 more money in his account due to switching from annually to quarterly compounding. (Answer)
Answer:
The second option, or the one attached.
Step-by-step explanation:
This line has a negative slope because the line is going "down the stairs" from the top-left to the bottom-right.
Answer:
Step-by-step explanation:
Let . We have that
if and only if we can find scalars
such that
. This can be translated to the following equations:
1.
2.
3.
Which is a system of 3 equations a 2 variables. We can take two of this equations, find the solutions for and check if the third equationd is fulfilled.
Case (2,6,6)
Using equations 1 and 2 we get
whose unique solutions are , but note that for this values, the third equation doesn't hold (3+2 = 5
6). So this vector is not in the generated space of u and v.
Case (-9,-2,5)
Using equations 1 and 2 we get
whose unique solutions are . Note that in this case, the third equation holds, since 3(3)+2(-2)=5. So this vector is in the generated space of u and v.