<span>The amount P as a function of t (in years) is given by
P(t) = P0 (1 + r/n)^(t n)
So if n = 4, and r = 0.02, and P0 = 1000, then
P(t) = 1000 (1 + 0.02/4)^(4 t) = 1000 (1 + 0.005)^(4 t)
At the end of the first quarter, t = 1/4, so
P(1/4) = $1000 (1.005)^(1) = $1005
At the end of the second quarter, t = 1/2 , therefore
P(1/2) = $1000 (1.005)^(2) = $1000 (1.010025) = $1010.03
At the end of the third quarter , t = 3/4, therefore
P(3/4) = $1000 (1.005)^(3) = $1000 (1.015075125) = $1015.08
At the end of the year, t = 4, therefore
P(1) = $1000 (1.005)^4 = $1000 (1.020150500625) = $1020.15
As for the second question, after the first period (quarter),
the formula becomes
P = P0 (1.005)^1 = 1.005 P0
which is choice A. </span>
Answer:
3. 
2. 
1. 
Step-by-step explanation:
3. 2x - 5y = −7
- 2x - 2x
__________
2. 5x + 7y = 14
- 5x - 5x
__________
1. 6x + 3y = 12
- 6x - 6x
__________
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Answer:
471,906
Step-by-step explanation:
Answer:
3,6,9,12,15
Step-by-step explanation:
