Answer:
hope it's help you
Step-by-step explanation:
negative 10×three-halves
Firstly, solve the effective annual interest (ieff) with the equation,
ieff = (1 + i/m)^m -1
where i is the interest rate and m is the number of times the interest is compounded in a year. In this problem, m is 12
Substituting the values,
ieff = (1 + 0.034/12)^12 - 1 =0.03453
To solve for the future (F) amount of the present investment (P),
F = P x (1 + ieff)^n
where n is number of years.
F = ($742) x (1 + 0.03453)^15
Thus, the answer is $1234.76.
Answer:
-0.2
Step-by-step explanation:
Slope (m) =ΔY/ΔX= 8-(-2)/-3-(-1)
= -1/5
= -0.2
X-int:let y=0
3x-2(0)=18
3x=18
divide both sides by 3
therefore x=6
y-int:let x=0
3(0)-2y=18
-2y=18
we divide both side by -2
therefore y=-9
