Answer: $58,088.57
Step-by-step explanation:
The investment is compounded weekly so you need to change the parameters of the equation to a weekly figure:
Interest rate is yearly so:
= 3.75%/52
= 3.75/52% per week
Number of periods is 4 years so:
= 4 * 52
= 208 weeks
Future value in 4 years is:
= 50,000 * ( 1 + 3.75/52%)²⁰⁸
= $58,088.57
Easy peasy
the average rate of change in section A is the slope from (1,g(1)) to (2,g(2))
the average rate of chagne in section B is the slope from (3,g(3)) to (4,g(4))
A.
section A
g(1)=4(3)^1=12
g(2)=4(3)^2=4(9)=36
slope=(36-12)/(2-1)=24/1=24
section B
g(3)=4(3)^3=4(27)=108
g(4)=4(3)^4=4(81)=324
slope=(324-108)/(4-3)=216/1=216
section A has an average rate of change of 24
section B has an average rate of change of 216
Answer:
Half of the total cost was paid when her braces were put on. The total cost is $3,200. How much will Kelly's parents need to save each month to pay off the ..
Step-by-step explanation:
Answer:
750.64
Step-by-step explanation: