Answer:
Assume you will invest fixed amount x at the starting of each month
S(12): (1.00625x)*(1.00625^(12)-1)/(1.00625-1) = 2000
x=160
you will invest fixed amount 160 at the starting of each month and get 2000 at the end of the year ,which compounded 7.5% monthly.
how much will you have invested at the end of the first year ?
160*12=1920
Answer:
-1
Step-by-step explanation:
Need more information. Is this a triangle? Can you attach a picture?
Slope is 5
Step-by-step explanation:
- Step 1: The equation of the line is y - 3 = 5(x - 2). Find the slope.
y - 3 = 5x - 10
Slope intercept form is y = mx + b, where m is the slope.
y = 5x - 10 + 3
y = 5x - 7
m = 5
Answer:
Total cost for 2.80 hours = ($255/hr)(2.80 hrs) = $714.
Step-by-step explanation:
Multiply this hourly rate by the elapsed time (2.80 hours):
Total cost for 2.80 hours = ($255/hr)(2.80 hrs) = $714.
