Answer:
$1480.24
Step-by-step explanation:
This will be solved by the formula:

Where
FV is the future value (what we are looking for)
I is the initial amount (which is $1000)
r is the rate of interest per period (8% is annual interest, but the period is SEMI-ANNUAL, that's 6 months, half of yearly. So r would be half of 8%, which is 4% or r = 0.04)
t is the times compounding occurs in the whole time (The whole time period is 5 years, but compounding occurs semi-annually, so 5*2 = 10 times. Thus, t = 10)
<em>plugging the info into the formula we will get our answer.</em>
<em>
</em>
Answer:
$878.25
Step-by-step explanation:
Continuously compounded interest is:
A = Pe^(rt)
where A is the final amount, P is the initial amount, r is the interest rate, and t is the number of compoundings.
Here, P = 560, r = 0.09, and t = 5.
A = 560e^(0.09×5)
A = 878.25
QR is congruent to PS
So if QR is 17.7 PS is 17.7
Answer 3.) PS equals 17.7
Answer: D
Step-by-step explanation:
You need a calculator for this cause the numbers are really large. I used a fx-9860GII Casio calculator. I put the equations on the graph mode. And then I got the x➡️0 for both equations.
I got x=0, y=5000 for the first equation
x=0, y=5200 for the new one.
You can see the y is (5200-5000)=200 more than the old equation. As the x is 0 for both that means the new one moved 200 up for the new one. It goes up cause its positive number .
I put the pictures so you can understand what I'm saying.