1) montly rate, r = 5% / 12 = 0.416% = 0.00416
2) capital, C = $ 450 = present value
3) time = 11 years => number of periods = 11 * 12 = 132
4) Formula: FV = C * (1 + r) ^ (number of periods)
5) Calculation: FV = $450 * ( 1 + 0.00416)^(132) = $ 779.07
Answer: $ 779.07

That's all you need to do
Answer:
p(x) = 8x - 20
Step-by-step explanation:
revenue from selling x shirts is f(x) = 15x
The cost of buying x shirts is c(x) = 7x + 20
p(x) = f(x) - c(x)
To solve this, we need to substitute value of f(x) and c(x) in formula for p(x)
p(x) = f(x) - c(x)
p(x) = 15x -( 7x + 20)
=> p(x) = 15x - 7x -20
=> p(x) = 8x -20
Thus, profit is p(x) = 8x - 20.
<h3>
Answer:</h3>
The Area of the tray ≈380 cm
<h3>
Solution:</h3>
- We are given the diameter of the tray, which is equivalent to 22 cm.
- We are asked to find the area of the tray.
- Remember the formula:
- Area of a circle = πr²
- Where
- π -> pi (3.14...)
- r -> radius
- Notice that we aren't given the radius. We're given the diameter only.
- No reason to panic. We can easily find the radius by dividing the diameter by 2.
- The radius is equal to 11 cm.
- Now, plug the values into the formula:
- A=π(11)²
- A=121π
- A≈380 cm
Hope it helps.
Do comment if you have any query.
If the point is a y-intercept the x value would be zero. 8 is the slope, 7 is the y-intercept
y=mx+b
(0,7)