First, we convert the interest such that it is compounded annually. The formula would be:
ieff = (1 + i/m)^m - 1
where m = 4, since there are 4 quarters in a year
ieff = (1 + 0.025/4)^4 - 1
ieff = 0.0252
Then we use this for this equation:
F = P(1 + i)^n, where F is the future worth, P is the present worth and n is the number of years
F = $600(1 + 0.0252)^15
F = $871.53
Approximate. I can't ellaborate further sorry. Hope I helped.
Answer:
Down here VVVVVVVV
Step-by-step explanation:
The formula for slope is rise/run there a whole lot of variations of it tho see
(Srry abt my hand writing XD)
rise is basically how far away are the 2 y values from each other
(It will always be positive btw mate.
In this case the rise would be 5
because you need to move up 5 spaces to reach 3 from -2
Now the run which is how far away the 2 x values are from each other.
In this case it would be 4
because you need to move 4 spaces from 3 to reach 7
so it would the slope would be 5/4 :)
This may not be right but you can get the just of how to do it hopefully
Im learning this right now too XD
AnSwer:.
Step-by-step explanation:
Answer:
School X: 8 points School Y: 2.6̅ or 6 repeating.
Step-by-step explanation:
When you know that School X has <em>8 points</em>, and School Y has <em>3 times less</em>, you have to divide 8 by 3. When you do that, you get 2.6̅, or 2.6 repeating, which means that you have 2 that goes into 3 goes into 8 3 times, because 3 x 3 would be 9, which is bigger than 8. Anyway, when you divide again because you have to add a decimal point after the number to keep dividing, <em>you keep getting 6</em>. it's never going to change, because thats what 6̅ is. 6 REPEATING.
I hope this helps! ;)
