Answer:
quarterly N = 4
semi-annually N = 2
Monthly N = 12
annually N = 1
Step-by-step explanation:
Given the following compound interest times :
N = number of times interest is compounded per period :
A period is regarded as a whole year.
Interest compounded;
QUARTERLY = Every 4 months per period = 12/3= 4
SEMI ANNUALLY = Every 6 months per period = 12/6 = 2
MONTHLY = Every month = 12 / 1 = 12
ANNUALLY = Every 12 months = 12 /12 = 1
Answer:
AM = 900
CI = 500
I have to be honest, this is the most ridiculously worded question of this type that I have ever seen... ask you teacher, why it was so important to force you to solve it using only one variable?
Step-by-step explanation:
(AM) + (1400-AM) = 1400
2(AM) + 3(1400 - AM) = 3300
2AM + 4200 -3AM = 3300
-AM = -900
AM = 900
CI = 500
Answer:
y= 3- x/3
Step-by-step explanation:
To find the inverse function, swap x and y, and solve the resulting equation for x.
If the initial function is not one-to-one, then there will be more than one inverse.
So, swap the variables: y=9−3x so it becomes x=9−3y.
Now, solve the equation x=9−3y for y. You would just need to leave y alone so you divide by 3 on both sides (NOT negative 3. Just 3.)
