Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Monthly deposit= $100
Interest rate= 0.06/12= 0.005
Number of periods= 12*5= 60 months
<u>a)</u>
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.005^60) - 1]} / 0.005
FV= $6,977
b) <u>If the deposit is at the beginning of the month, the interest is compounded one more period</u>. We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= 6,977 + {[100*(1.005^60)] - 100}
FV= 6,977 + 35
FV= $7,012
Answer:Is an estimate of the average grams of salt used in 2012
Step-by-step explanation: Let
x ---> the number of years since 2012
f(x) ---> is the total amount of salt ingested in grams
we have
This is a linear equation in slope intercept form
where
The slope is equal to
The y-intercept or initial value is equal to
The y-intercept is the value of the function f(x) when the value of x is equal to zero
In this context, the y-intercept is the average amount of grams of salt ingested in the year 2012
The exact value of the average amount of grams of salt ingested in the year 2012 is 3,554 grams (see the data in the table)
Compare the exact value with the y-intercept
therefore
3,548 grams Is an estimate of the average grams of salt used in 2012
Answer:
32
Step-by-step explanation:
It's 4/3 because of the distance formula
Answer:
Step-by-step explanation: