Answer: 2000
Step-by-step explanation:
Simple interest is calculated as:
(Principal × Rate × Time) / 100
We then slot the value into the formula. This would be:
720 = (P × 6 × 6)/100
720 × 100 = 36P
72000 = 36P
Principal = 72000/36
Principal = 2000
Answer:
y = -3/4 - 12
Step-by-step explanation:
When an angle is bisected, it is split into two halves. If the original angle of 119 degrees is bisected, each new angle will equal half of 119, which equals 59.5 degrees.
1) function 2) not a function
the first one is a function because its y values are the same number (3), which means it is a horizontal line and horizontal lines are functions.
the second one is not a function because the coordinates cannot have different inputs but different outputs. each input must have only one output.
the coordinates for the second one are:
(2,5); (1,1); (1,2); (3,2)
and <u>a function cannot have two same x-coordinates</u>. it must pass the vertical line test which is a way to tell if something is a function or not. since the second graph does not pass the vertical line test, it is not a function
hope this helps :)
We are asked to determine the present value of an annuity that is paid at the end of each period. Therefore, we need to use the formula for present value ordinary, which is:
Where:
Since the interest is compounded semi-annually this means that it is compounded 2 times a year, therefore, k = 2. Now we need to convert the interest rate into decimal form. To do that we will divide the interest rate by 100:
Now we substitute the values:
Now we solve the operations, we get:
Therefore, the present value must be $39462.50
