Since he is investing the same amount monthly, we have to apply annuity formula. And it is planned for the future. So that, we'll apply future value annuity formula. The formula is
![FV=A[ \frac{(1+ \frac{r}{s})^{Ns} -1 }{r} ]](https://tex.z-dn.net/?f=FV%3DA%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bs%7D%29%5E%7BNs%7D%20-1%20%7D%7Br%7D%20%5D)
, where A is the monthly payment, r is the percentage rate, s is 12 (monthly compound) and N is the time, which is 30. Plugging the numbers into the formula, we write that
![FV=155[ \frac{(1+ \frac{0.037}{12} )^{12*30} - 1 }{0.037} ]](https://tex.z-dn.net/?f=FV%3D155%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7B0.037%7D%7B12%7D%20%29%5E%7B12%2A30%7D%20-%201%20%7D%7B0.037%7D%20%20%5D)
= $8485.450857
Answer:
A maybe?
Step-by-step explanation:
by looking at the graph you can see there are two points with one being at (0, 3) (given) and the other being at (1, 1) (by looking at the graph). You can use the slope formula (y2 - y1) / (x2 - x1) which gives you the slope.
Plug Values In:
(1-3) / (1-0) = -2/1 = -2
slope of f(x) = -2
slope of g(x) = -7 (slope-intercept form y=mx+b where m is the slope and b is the y-intercept)
I'm honestly not quite sure what it means by greater than since technically the slope of f(x) is greater than the slope of g(x) but does it mean how much it's changing by in which case the sign doesn't matter. Although I'm just going to assume it purely means the value in which case A is true.
Answer:
The answer is about 1.732, the exact form being
.
Step-by-step explanation:
The square root of 12 is 3.4641. You then divide this by 2 and you get approximately 1.732. This in the exact form is
.
OK so basically, she’s at the pizza shop selling paintings, since she’s selling it at their venue, the owners may demand a small commission of a price. In this case that is 15% of $15. 15% of 15 is 2.25, meaning she only gets $12.75. Mindy would like to buy a pizza for $12, she has 12, but does she have enough to make the sales tax. 12×.05 is $0.6 dollars which means she has enough money to buy it.
I don't get what you mean.. what's the math or whatever subject homework problem?