Answer: Kriz should pay $50,100 at the end of the term.
Step-by-step explanation:
If the interest is compunded quarterly, then the accumulated amount after t years will be:
, where P= principal value , r = rate of interest .
Given: P= 50,000 , r= 5% = 0.05, t= 4 years
Then,
Hence, Kriz should pay $50,100 at the end of the term.
The Solution.
The given points are
The formula is
In this case,
Therefore,
Hence, the correct answer is (-1, 4) (option 3)
Hello!
The midpoint formula is basically an average of x and y.
It is also written as: .
With the formula above, we can substitute the given points into the equation, and simplify.
Therefore, the midpoint between points H and J is choice D, (6, 3.5).