First, we convert the interest such that it is compounded annually. The formula would be:
ieff = (1 + i/m)^m - 1
where m = 4, since there are 4 quarters in a year
ieff = (1 + 0.025/4)^4 - 1
ieff = 0.0252
Then we use this for this equation:
F = P(1 + i)^n, where F is the future worth, P is the present worth and n is the number of years
F = $600(1 + 0.0252)^15
F = $871.53
Radius on a coordinated plane
The answer is d.
Hope this helps
<span>50b 50=11b 95 collect the like terms
50b-11b=95-50
39b=45 divide both sides by 39
b=1.2</span>
Answer:
GCF-12
Step-by-step explanation:
Find the prime factorization of 84
84 = 2 × 2 × 3 × 7
Find the prime factorization of 120
120 = 2 × 2 × 2 × 3 × 5
To find the GCF, multiply all the prime factors common to both numbers:
Therefore, GCF = 2 × 2 × 3
GCF = 12
