The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
D, because there are several students that are in your school. There would be many different answers.
Y-65=3(x-49) 3 is time 49 is crushed
Answer:
Step-by-step explanation:
a) The domain is R- all real numbers.
b) The domain is R- all real numbers.
c) we need
So the domain is R\{-2, 2}
d)
we need
So the domain is R\{-2, 1}
e)
we need: x-1>0 or x> 1
So the domain is (1,+∞)
