Should be a scale factor of y= 1/9
Answer:
See attached pictures.
Step-by-step explanation:
See attached pictures.
1 mm = 0.1 cm
(a) 5 mm
5 × 0.1 = 0.5
Fraction :- 5/0.5
5 ÷ 0.5 =10
Decimal:- 10
(b) 8 mm
8 × 0.1 = 0.8
Fraction:- 8/0.8
8 ÷ 0.8 = 10
Decimal:- 10
The formula for calculating compound interest with yearly contributions is:
Balance = X*(1 + Y)^n + Z((1 + Y)^(n + 1) - (1 + Y)/Y)
where the balance is the money earned after n years invested
Y is the interest rate as a fraction
Z is the yearly contribution
X is the starting investment
Therefore the calculation for this example is:
Balance = 1200*(1 + 0.05)^48 + 1200((1.05)^49 - (1.05)/05)
= $249,393.5
