The value of this account in 10 years is given by the formula:
FV = P*(1+r)^t
where FV is the future value in the account after 10 years(to be calculated)
P is the principal invested at the beginning
r is the interest rate and
t is the time horizon in years
Given, Invested Amount (P) = 20,000
Interest rate (r) = 5.5% = 0.055
Time horizon (t) = 10 years = 10
Substituting the formula, FV = 20,000*(1+0.055)^10 = 20,000*1.055^10 = 20,000*1.708144458 = 34,162.89
The value of this account after 10 years =$34,162.89 (Rounded to the nearest cent)
Answer:
9.8
Step-by-step explanation:
sqrt(12)=3.5 × sqrt(8)=2.8 = 9.8
10,800 :) 8 multiplied by 1,350 would give you 10,800 miles.
Answer:
y = -2x - 3
Step-by-step explanation:
Please look carefully at this graph. There are two red dots on the graph. The x- and y-coordinates of one are (-5,7) and those of the other are (0,-3).
Now as we move to the right, from (-5,7) to (0,-3), x increases by 5 and y decreases by 10 (note that 7-10 is -3). Thus, the slope of this line is
m = rise / run = -10/5, or m = -2.
Then the equation of this line, in point-slope form, is
y-7 = -2(x-[-5])x, or y-7 = -2(x+5). This is in point-slope form.
If you'd like to have it in slope-intercept form, manipulate y-7 = -2(x+5) as follows: (a) add 7 to both sides, obtaining y = -2(x+5) + 7, and (b) perform the indicated multiplication: y = -2x - 10 + 7, or y = -2x - 3.
Answer:
C, 5.02%
Step-by-step explanation:
The actual area of court is 94*50= 4700
Ryan calculated an estimation of 93*48= 4464
The percent error is 
%
<em>I hope this helped! :)</em>
