Answer: the future value is $1748.4
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 1550
r = 4% = 4/100 = 0.04
n = 365 because it was compounded 365 times in a year.
t = 3 years
Therefore,.
A = 1550(1 + 0.04/365)^365 × 3
A = 1550(1+0.00011)^1095
A = 1550(1.00011)^1095
A = 1550 × 1.128
A = 1748.4
Answer:
7-2x=3+x
Step-by-step explanation:
where x is the number
Answer:
The answer is C
Step-by-step explanation:
Answer:
-$11,000 is the economic profit or we can say it is a loss.
Step-by-step explanation:
The job paid Bob = $100000
The insurance cost is = $8,000
The material cost is = $15,000
The lease payments are = $8,000
The sales revenue is $120,000.
So, Bob's economic profit is: 
Therefore, his economic profit is -$11000.
<span>A) 3x+4y=17
B) -4x-3y=-18 Multiplying B) by .75
</span><span>B) -3x -2.25y= -13.5 then adding this to A
</span><span><span>A) 3x + 4y = 17</span>
1.75y = 3.5
y = 2
</span><span>
A) 3x + 4*2 = 17</span>
3x + 8 = 17
3x = 9
x = 3
(3,2)
