What is the area of the trapezoid in squared meters shown below?
1 answer:
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Answer:
The future value of this initial investment after the six year period is $2611.6552
Step-by-step explanation:
Consider the provided information.
A student desired to invest $1,540 into an investment at 9% compounded semiannually for 6 years.
Future value of an investment:
Where Fv is the future value, p is the present value, r is the rate and n is the number of compounding periods.
9% compounded semiannually for 6 years.
Therefore, the value of r is:
Number of periods are: 2 × 6 = 12
Now substitute the respective values in the above formula.
Hence, the future value of this initial investment after the six year period is $2611.6552
Answer:
2nd option
Step-by-step explanation:
given an exponential function in the form y = a
to find a and b use the coordinate points it passes through
using (0, 4 ) , then
4 = a [
= 1 ] , that is
a = 4 , so
y = 4
using (2, 100 )
100 = 4b² ( divide both sides by 4 )
25 = b² ( take the square root of both sides )
= b , that is
b = 5
then exponential function is
y = 4 .