Answer 2.85
On rounding to nearest hundredths, we get than 2.85 as at thousandths place, there is 9 which is greater than 5, so 1 is added to the hundredth value.
Answer:
y=4/5x
Step-by-step explanation:
y=mx+b
plug in y and x into each equation and solve!
4=5m+b
8=10m+b
4=5m
m=4/5
b=0
y=4/5x+0
Answer: 1.5s+20
Step-by-step explanation:
Answer:
$28,342.54
Step-by-step explanation:
The value of an account earning compound interest is found using the formula ...
A = P(1 +r/n)^(nt)
where P is the principal invested at annual rate r compounded n times per year for t years.
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You have P=7000, r=0.12, n=2, t=12.
Using these values in the formula, we find the accumulated value of the investment to be ...
A = 7000(1 +0.12/2)^(2·12) = 7000(1.06^24) ≈ 28,342.54
The value after 12 years is $28,342.54.
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<em>Additional comment</em>
The time-value-of-money functions of your calculator or spreadsheet can find this for you.
1. X = 14
2. X = 120
3. X = 9.24
4. X = 16
5. X = 193.6
6. X = 11
7. X = 7.8
8. X = 446.4
9. X = 26.25
10. X = 6.6
11. X = 9
12. X = 2.01