The amount in the account after the given time if compounded semiannually is $1104.2
<h3>Compound interest </h3>
Interest is any amount added on a sum of money over a period of time. The formula for calculating the compound interest is:
A = P(1+r/n)^nt
Given
P = $1000
rate r = 0.05
time =3years
n = 2
Substitute
A = 1000(1 + 0.05/3)^3(2)
A= 1000(1.1042)
A = $1104.2
Hence the amount in the account after the given time if compounded semianually is $1104.2
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$79.75*0.2= 15.95
$79.75-15.95= $63.80
63.80+15.95= $79.75
Answer= $15.95
To answer this we need the coordinates of the first three points.
(2,4) is the only possible answer because it is the only one in the shaded area
Point-slope form:
y − b = m(x − a<span>), where m is the slope and (a, b) is a point on the graph.
Here that would look like:
y - 2 = 12(x - (-8))
y - 2 = 12(x + 8)
The answer:
</span>y - 2 = 12(x + 8)
Hope this helps.