First, we convert the interest such that it is compounded annually. The formula would be:
ieff = (1 + i/m)^m - 1
where m = 4, since there are 4 quarters in a year
ieff = (1 + 0.025/4)^4 - 1
ieff = 0.0252
Then we use this for this equation:
F = P(1 + i)^n, where F is the future worth, P is the present worth and n is the number of years
F = $600(1 + 0.0252)^15
F = $871.53
C and D.If I'm right,can u make me the brainliest answer?Thank You.
Answer:
4/10 meters
Step-by-step explanation:
Original Length : 7/10 meters
Remaining Length after cut : 3/10 meters
amount cut off = original length - remaining length
= 7/10 - 3/10
= (7-3)/ 10
= 4/10
Y - 11 = 3(x + 4)....distribute thru the parenthesis
y - 11 = 3x + 12....add 11 to both sides
y = 3x + 12 + 11...simplify
y = 3x + 23 <==
