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>
Answer:
6
Step-by-step explanation:
This function corresponds to 'even' function, then
in order to calculate the 'x' of the vertex: (3+9)/2=6.
Answer:
(x, y) --> (x + 4, y - 3)
Step-by-step explanation:
The x value concerns left and right, while the y value concerns up and down. Adding to x makes it move right, and adding to y makes it move up.
