Compounded anually means
if you put x in at y percent then
you calculate like this
if you put in x at y percent then the money you earn is
x +(x times y)=z=first year
second year=z+(z times y)=s
third year=s+(s times y)=t
percent means parts out of 100 so 5%=5/100=0.05
'of' can be translated as multiply
so
3000 +(3000 times 0.05)=3150=fisrt year
3150+(3150 times 0.05)=3307.5=second year
3307.5 +(3307.5 times 0.05)=3472.88=tird year
he will have 3472.88 at end of 3 years
Answer:
y=-5x+2
Step-by-step explanation:
rise/run
or
y2-y1/x2-x1
-8-(-3)/2-1
-8+3/2-1
-5/1=m=slope
Slope intercept formula:y=mx+b
use point (1,-3)
-3=-5(1)+b
-3=-5+b
+5 +5
2=b
Final Answer: y=-5x+2
Answer:
What even is this???
Step-by-step explanation:
....
Answer: Acute- (2,3,3.5) Right-(2.5,6,6.5) obtuse- (7,8,12), (7,9,14)
Step-by-step explanation:
The amount of money, in dollars, in an account after t years is given by a = 1000 (1.03) T. The initial deposit into the account was $1000 and the interest rate is 3% per year. Hope this helps.