6/6 as a sum of fractions three different ways
2 answers:
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We are given the following information
Investment = $5200
Annual interest rate = 4.2% = 0.042
Final amount = $16,500
Number of years = 27.7 years
Number of compoudings = quartely = 4
The student uses the following model
The general formula for compound interest is given by
As you can see, the number of compoundings is incorrect (3 vs 4)
The interest rate is also incorrect.
Let us substitute the given values into the above formula
Therefore, the final amount is approximately $16,543.5
Answer:
Step-by-step explanation:
The equation of the line with the slope and passing through the point
is
In your case,
Hence, the equation of the line is
In an arithmetic sequence, the difference between consecutive terms is constant. In formulas, there exists a number such that
In an geometric sequence, the ratio between consecutive terms is constant. In formulas, there exists a number such that
So, there exists infinite sequences that are not arithmetic nor geometric. Simply choose a sequence where neither the difference nor the ratio between consecutive terms is constant.
For example, any sequence starting with
Won't be arithmetic nor geometric. It's not arithmetic (no matter how you continue it, indefinitely), because the difference between the first two numbers is 14, and between the second and the third is -18, and thus it's not constant. It's not geometric either, because the ratio between the first two numbers is 15, and between the second and the third is -1/5, and thus it's not constant.