Answer: Therefore, your equation of the function will be y = 4x – 4.
Step-by-step explanation:
Answer:
7x10^4
Step-by-step explanation:
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Answer:
288ml
Step-by-step explanation:
<u>Answer-</u>
<em>The amount will be </em><em>$8944.62</em><em> after 5 years.</em>
<u>Solution-</u>
We know that,
![\text{FV of annuity}=P[\dfrac{(1+r)^n-1}{r}]](https://tex.z-dn.net/?f=%5Ctext%7BFV%20of%20annuity%7D%3DP%5B%5Cdfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%5D)
Where,
P = Payment = $50 monthly
r = rate of interest compounded monthly= 
n = number of period = 5 years = 5×12 = 60 months
Putting the values in the formula,
![\text{FV of annuity}=50[\dfrac{(1+0.0325)^{60}-1}{0.0325}]](https://tex.z-dn.net/?f=%5Ctext%7BFV%20of%20annuity%7D%3D50%5B%5Cdfrac%7B%281%2B0.0325%29%5E%7B60%7D-1%7D%7B0.0325%7D%5D)
![=50[\dfrac{(1.0325)^{60}-1}{0.0325}]](https://tex.z-dn.net/?f=%3D50%5B%5Cdfrac%7B%281.0325%29%5E%7B60%7D-1%7D%7B0.0325%7D%5D)
![=50[\dfrac{6.8140-1}{0.0325}]](https://tex.z-dn.net/?f=%3D50%5B%5Cdfrac%7B6.8140-1%7D%7B0.0325%7D%5D)
![=50[\dfrac{5.8140}{0.0325}]](https://tex.z-dn.net/?f=%3D50%5B%5Cdfrac%7B5.8140%7D%7B0.0325%7D%5D)


Therefore, the amount will be $8944.62 after 5 years.