For this, we have to calculate how much money has to be invested at 2.3% interest compounded continuously to achieve $41,000 after 17 years
Formula: A= P * ( 1+r)^t
A= $41,000
r=0.023
t= 17
<span>41,000= P * (1+0.023)^17
</span>41,000= P * (1.023)^17
41,000= P * 1.4719
P= 41,000 : 1.4719
P= $27,731.59
Therefore, the answer is C. $27,731.59
I checked by doing the opposite, and I got $41,000.01, which is the closest to the question<span>
</span>
The line x = -11.4 is perpendicular to the x-axis and contains point
(-11.4 , 12.8)
Step-by-step explanation:
Let us revise the equations of the vertical lines and horizontal lines
- The vertical line is a line parallel to y-axis
- The x-coordinates of all points lie on the line are equal
- The equation of the vertical line basses through point (a , b) is x = a
- The horizontal line is a line parallel to x-axis
- The y-coordinates of all points lie on the line are equal
- The equation of the horizontal line passes through point (a , b) is y = b
- The vertical line and the horizontal line are perpendicular to each other when intersect each other
∵ The line is perpendicular to the x-axis
∴ The line is a vertical line
∴ The equation of the line is x = a, where a is the x-coordinate
of any point lies on the line
∵ The line contains point (-11.4 , 12.8)
∵ The x-coordinate of the point is -11.4
∴ a = -11.4
∴ The equation of the line is x = -11.4
The line x = -11.4 is perpendicular to the x-axis and contains point
(-11.4 , 12.8)
Learn more:
You can learn more about the linear equation in brainly.com/question/13168205
#LearnwithBrainly
Answer:
D
Step-by-step explanation:
[5000* (1+0.125)]/12 =234.375, rounds up to $234.38
Answer:
Option B is the correct answer.
Step-by-step explanation:
Given
List Price=$720
The percentage of discount=13%
In order to find the amount of discount, 13% of the amount has to be calculated. To calculate 13% , the amount is multiplied by 13/100.
Amount of discount=13% of list price
=720*13/100
=720*0.13
=$93.60
The amount of discount is $93.6..
First simplify the expression.
1/3(1,650+0.15c)
550+0.05c
Answer is A
Hope this helps!
