Using the interest formulas, it is found that the values of the investment are given as follows:
- Using simple interest, the value will be of $34,000.
- Using compound interest, the value will be of $144,461.
- Using continuous compounding, the value will be of $148,002.
<h3>Simple Interest</h3>
Simple interest is used when there is a single compounding per time period.
The amount of money after t years in is modeled by:
In which:
- r is the interest rate, as a decimal.
In this problem, we have that the parameters are as follows:
P = 9000, r = 0.07, t = 40.
Hence:
<h3>Compound interest</h3>
n is the number of compounding, for quarterly n = 4, then:
<h3>Continuous compounding</h3>
Hence:
More can be learned about the interest formulas at brainly.com/question/25296782
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Answer:
First term = -41.
Common difference = -15.
Step-by-step explanation:
nth term: an = a1 + (n - 1)d where a = first term and d = the common difference.
-671 = a1 + (43 - 1)d
-806 = a1 +(52 - 1)d
-671 = a1 + 42d
-806 = a1 + 51d
Subtracting ( to eliminate a1):
-671 - (-806) = 42d - 51d
-9d = 135
d = -15
Substitute for d in the first equation:
-671 = a1 + 42*-15
-671 = a1 - 630
a1 = -671 + 630 = -41.
Answer: Hi! So, 1 lbs per week are equal to 7.4999e-7 kilograms per second. We can use this to convert lbs per week to kg per second. 721 x 7.4999e-7 = 0.000540741!
Answer:
358 inches^2
Step-by-step explanation:
SA = 2(lw + lh + wh)
SA = 2 (12*7 + 12*5 + 7*5)
SA = 358
Hope this is helpful !!!!!
The statement is false because when you use distributive property, you get -12=-4+16 and when you add 16 to -4, you'll get 12, not -12, making the statement false.
