Answer:
$10,234.31
Step-by-step explanation:
A suitable financial calculator or spreadsheet can evaluate the future value function for you. It will tell you that $10,234.31 must be deposited today to have $13,000 in three years, when interest is 8% compounded monthly.
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You are solving for P:
13000 = P(1 +0.08/12)^(12×3)
P = 13000/(1 +0.08/12)^36 ≈ 10,234.31
Answer:
G. y=2x-5
Step-by-step explanation:
First, find the slope from 2x-y=-3
-y=-2x-3
y=2x+3, which means that the slope is 2
Since it is parallel, the given equation and the line we are finding has the same slope.
let y=mx+b, where m=2, y=5, x=5
5=2(5)+b
5=10+b
-5=b
Thus, y=2x-5
Answer:
independent
Step-by-step explanation:
We put the independent variable on the x axis ( or horizontal) and the dependent variable on the y axis ( or vertical)