How many dimes are in $1000? A) 100 B) 1,000 C) 10,000 D) 100,000 E) 1,000,000
2 answers:
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Annually The amount after 10 years = $ 7247.295
quarterly compound after 10 years = $7393.5
Continuously interest =$7,419
Given:
P = the principal amount
r = rate of interest
t = time in years
n = number of times the amount is compounding.
Principal = $4500
time= 10 year
Rate = 5%
To find: The amount after 10 years.
The principal amount is, P = $4500
The rate of interest is, r = 5% =5/100 = 0.05.
The time in years is, t = 10.
Using the quarterly compound interest formula:
A = P (1 + r / 4)4 t
A= 4500(1+.05/4)40
A= 4500(4.05/4)40
A= 4500(1.643)
Answer: The amount after 10 years = $7393.5
Using the Annually compound interest formula:
A = P (1 + r / 100) t
A= 4500(1+5/100)10
A= 4500(105/100)10
Answer: The amount after 10 years = $ 7247.295
Using the Continuously compound interest formula:
e stands for Napier’s number, which is approximately 2.7183
A= $2,919
Answer: The amount after 10 years = $4500+$2,919=$7,419
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Answer: -4/3
Step-by-step explanation:
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Answer:
see attached
Step-by-step explanation:
To plot the line through the point, plot the point. Then find another point that has the given "rise" and "run". Draw the line through the two points.
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The given point is (-7, -4). Locate that on the graph.
The slope is given as -2/3. This is the ratio of "rise" to "run", so it means the "rise" will be -2 for each "run" of 3. (rise/run = -2/3)
The rise is the vertical change. So, you want your second point to be 2 units below the given point. Its y-coordinate will be -4-2 = -6.
The run is the horizontal change. Your second point will be 3 units to the right of the given point, so its x-coordinate will be -7+3 = -4. Now, you can plot the point (-4, -6) and draw your graph through these two points.
