The answer is approximately 0.14
Answer:
Step-by-step explanation:
Usimg formula for calculating compound interest.
A = P(1+r/n)^nt
P is the principal =$250
r is the rate = 5%
t is the time = 25years
n = 1/4(compounded quarterly)
Substituting to get the amount A.
A = 250(1+5/25)^25/4
A = 250(1+0.2)^6.25
A = 250(1.2)^6.25
A = 250(3.125)
A = $781.31
Hence the accumulated amount in Jessica's annuity after 25 years is $781.31
Answer:
Step-by-step explanation:
In going from (5, 5) to (10, 8), x (the run) increases by 5 and y (the rise) increases by 3. Thus, the slope of the line connecting the first two points is m = 3/5.
In going from (1, 13) to (4, 8), x (the run) increases by 3 and y (the rise) decreases by 5. Thus, the slope of the line connecting the first two points is m = -5/3
Because these results are negative reciprocals of one another, the two lines are PERPENDICULAR to one another.
Answer:
23
Step-by-step explanation:
