7k÷3=21. What is the value of k?
2 answers:
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The accumulated value of an investment if the money is a. compounded semiannually; b. compounded quarterly; c. compounded monthly; d. compounded continuously is $30731.4 $ , $30785.98 $30823.14 , 30841.95
<h3>What is Interest ?</h3>Interest is the amount received by a person as a result of investing certain amount of money for a certain period of time.
It is given that
Principal = $ 25000
Time = 3 years
Interest Rate = 7 %
The amount is given by
Compounded semiannually
n = 2
Compounded Quarterly
n = 4
Compounded Monthly
n =12
Compounded Continuously
P = P₀
Therefore the accumulated value for
compounded Semiannually is
A = $30731.4
Compounded Quarterly
A = $30785.98
Compounded Monthly
A = $30823.14
Compounded Continuously
P = $30841.95
Therefore the accumulated value of an investment if the money is
a. compounded semiannually; b. compounded quarterly; c. compounded monthly; d. compounded continuously is
$30731.4 $ , $30785.98 $30823.14 , 30841.95
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Answer:
3x + 4y = - 20
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Here m = - , thus
y = - x + c ← is the partial equation
To find c substitute (- 8, 1) into the partial equation
1 = 6 + c ⇒ c = 1 - 6 = - 5
y = - x - 5 ← in slope- intercept form
Multiply through by 4 to clear the fraction
4y = - 3x - 20 ( add 3x to both sides )
3x + 4y = - 20 ← in standard form